AMWatch

Industry 'diversity washes' figures for female managers, report finds

In April, AMWatch wrote about the low percentage of female fund managers in the Nordic asset management industry. A new report from Mercer confirms the lack of gender diversity among key decision makers and accuses the industry of diversity dressing. 

Generic photo for illustrative purposes only | Photo: Pexels.com

Although the Nordic countries pride themselves on gender equality in many areas, the asset management industry is not part of this achievement.

As AMWatch recently pointed out, the number of female fund managers in the asset management industry is very low in the Nordics and globally, according to a Morningstar report. The report showed that the percentage of female fund managers in the Nordics was lower than the global average, and that the number had only increased very slightly - from 11 to 12 percent in 20 years. Globally, the percentage remained at 14 percent and had not changed in 20 years.

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