Funds Management News

Fund Industry Frozen in Female Deficit

Posted by Anton Murray Consulting on . Posted in Funds Management News

InvestorDaily

In almost 20 years, there has been no movement in the representation of women in fund management. Morningstar has determined the gender of more than 25,000 fund managers using information provided by their companies, across 56 countries. At the end of 2019, the report showed 14 per cent of fund managers were women, the same proportion as at the end of 2000.

Typically, smaller markets were seen to have a higher percentage of female fundies, with countries including Hong Kong, Singapore having more than 20 per cent of their fund managers being women. However, in Australia, only 12 per cent of fund managers are female. Some of the largest financial centres have remained below the global average, including the UK (13 per cent) and the US (11 per cent).

The rest of this article can be found at investordaily.com.au.

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