Investec: Proportion of all-male investment trust boards falls to less than 5%

‘Skin in the game’ reaches £4.2bn

The percentage of all-male investment trust boards has dropped to less than 5% in a significant improvement in gender diversity, while the total investment of boards and managers investing their own money has reached £4.2bn.

Investec's 121-page Skin in the Game/Diversity 2023 report, which covers 293 investment companies and 1,445 chairs and directors, found there has been "spectacular progress" in improving gender diversity since the publication of its inaugural Skin in the Game report in December 2010.  Compared to just 8% in 2010, 41.1% of investment company directorships are now held by women, up from 34.5% in 2021 and 27.9% in 2019. For context, the FTSE Women Leaders Review established a target of 40% women on boards of FTSE 350 companies by 2025.  Investec reports 'strong results' as profits surge ...