An independent report, commissioned by BNY Mellon Investment Management, has found that if women were to invest at the same rate as men there would be an additional $3.2trn of capital to invest globally.
The report, Pathway to Inclusive Investment, is a result of surveying 8,000 respondents across 16 markets and 100 asset managers with combined assets under management of nearly $60trn. The research identified three key barriers to women investing: women believe they need more disposable income, that investing is inherently high-risk and a lack of engagement from the industry to tackle confidence in investing. Hanneke Smits, CEO of BNY Mellon Investment Management, said: "Inclusive investment means ensuring the investment industry is accessible to all," adding her firm would be using t...
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