David Newns: Three trends that will pile pressure on diversity-averse companies

We should withdraw from unequal companies

clock • 4 min read
David Newns
Image:

David Newns

In the Hampton Alexander Review, Saxo Bank CEO Kim Fournais wrote that investing is one of the most effective ways to make an impact on the world. This is why I am withdrawing my investments from the ten companies identified by the review as the worst performers on gender diversity in organisational leadership.

In the Hampton Alexander Review, Saxo Bank CEO Kim Fournais wrote that investing is one of the most effective ways to make an impact on the world. This is why I am withdrawing my investments from the ten companies identified by the review as the worst performers on gender diversity in organisational leadership.  If the Hampton Alexander Review is not pressure enough, then investor persuasion probably will be one of the tools to make these companies more diverse and equitable.  Diversity Project targets 30% female fund managers by 2030 Although I am one of the first to so openly...

To continue reading this article...

Join Investment Week

  • 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 Funds

Royal London group chief executive Barry O'Dwyer

RLAM AUM shrinks 9% in H1 but sustainable funds remain popular

9% decline in AUM

clock 05 August 2022 • 2 min read
GMAP Dynamic also received a red rating

Property fund raises red flags at Royal London

Assessment of Value report

James Baxter-Derrington
clock 04 August 2022 • 2 min read
Allianz planning merge its UK Mid Cap  UK Listed Opportunities funds

Allianz UK Mid Cap fund to merge with UK Listed Opportunities as AUM shrinks

Pending shareholder approval

clock 04 August 2022 • 3 min read
Trustpilot