Gender lens equity funds grow assets to $2.67bn in 2020 as tech exposure helps performance

Microsoft and Visa among top holdings

clock • 3 min read

Assets under management (AUM) in gender lens equity funds grew 40% in 2020 to $2.67bn boosted by $106m in new funds launched during the year, as well as the performance of the technology sector, according to new research.

In its Gender Lens Investing 2021 report, Parallelle Finance attributed the double-digit gains recorded by most publicly-traded gender lens equity funds last year to their allocations to information technology, a sector which "strongly outperformed" for the year. The report revealed there were "no clear winners on gender equality" when it came to sectors but that information technology and financial services, both sectors with "well-researched gaps in gender equality", were among the top sector weightings in these funds in 2020. Pushing for greater diversity and sustainability: Our aw...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

T. Rowe Price's Ritu Vohora: Equities poised to extend gains during H2

T. Rowe Price's Ritu Vohora: Equities poised to extend gains during H2

H2 outlook

Ritu Vohora
clock 27 June 2024 • 4 min read
The London Tunnels ditches London IPO for Amsterdam listing

The London Tunnels ditches London IPO for Amsterdam listing

Expected on 27 June

Cristian Angeloni
clock 24 June 2024 • 1 min read
Partner Insight: Can investors still capture tech stocks' continued growth?

Partner Insight: Can investors still capture tech stocks' continued growth?

How much impact will AI have on the sector?

Investment Week
clock 23 June 2024 • 6 min read
Trustpilot