Just 7% of investment funds in the UK are managed or co-managed by women, according to Morningstar.
In contrast, the proportion of women in other professions - like law, accountancy and medicine - varies between 24% and 48%. Similarly, the number of female fund managers in the US is less than 10%...
Equities overweight down to 3%
Relates to 136 million transaction reports
Patience must be a watchword
MSCI has recently increased the Chinese A-share market's inclusion factor from 5% to 20%.
Change of objective