Diversity report: 96% of AIM and FTSE Small Cap 100 leaders are white

84% of AIM firms have all-white boards

Pedro Gonçalves
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The FTSE 100 now has 11% BAME representation on its boards
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The FTSE 100 now has 11% BAME representation on its boards

Some 96% of Alternative Investment Market UK 50 directors and 95% of FTSE Small Cap 100 directors identify as white, according to a diversity report from Company Matters, meaning there are fewer ethnic minority leaders further down the cap spectrum than at FTSE 100 firms.

According to the second annual report from the professional services company, which is part of Link Group, SMC and AIM company boards are falling far behind their blue-chip counterparts, which now have an 11% ethnic minority representation across their boards. Out of 324 positions on AIM UK 50 boards whose ethnicity could be determined, there were only three black directors, none of whom are executives.  Diversity Project targets 30% female fund managers by 2030 Among AIM UK 50 firms, the proportion of female directors has risen two percentage points since the last report to 20%, a...

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