Reflections from Mount Olympus: Industry's reluctance to tackle own diversity failures risks being a Sisyphean task

Herculean effort needed to address shortcomings

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Bev Shah of City Hive
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Bev Shah of City Hive

Artemis, Hermes, Jupiter, Neptune, Janus... As an industry we seem to love the symbolism that comes from the ancient gods and see ourselves as protectors. After all, we protect people's hopes and dreams through their investments.

But the latest chapter in the Woodford soap opera got me thinking. Are we as blind as the ancient gods about how people outside the industry see us, and what we let our gods get away with?  Maybe they hear the stories of Messrs Woodford and Newman and think 'greed', or see the behaviours of Douglas Hodge and think 'crooks'. Do they hear of Odey's alleged offenses and think 'dishonour'? The industry's relationship with the public is tenuous; infected by front-page scandals that we believe are the exception to the day-to-day behaviours we see in the industry, even though the public stil...

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