Mind the gap: Proportion of female managers falls to 11.2%

14% were female 20 years ago

Kathleen Gallagher
clock • 3 min read
Experts admit the lack of female fund managers is playing a role in the stubborn gender pay gap.
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Experts admit the lack of female fund managers is playing a role in the stubborn gender pay gap.

The percentage of female UK fund managers has fallen over the past 20 years and sits at just 11.2%, with the majority being equity managers and only a small proportion making up the fixed income market, according to figures from Morningstar for Investment Week.

At the end of September 2000, 14% of fund managers were female. Fast forward to the end of September 2020 and that number has dropped to 11.2%.  There was a steady decline until 2018 when it reached just 9.8%, before rising again over the past few years.  FCA, PRA and BoE join forces to tackle lack of diversity A closer look reveals just 8% of fixed income managers are female, while multi-asset and equity have 10% and 13% female managers respectively.  Bethany Payne, global bonds portfolio manager at Janus Henderson, believes part of the reason for the lower percentage in fixed ...

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