Women in private equity tend to hit a glass ceiling at the VP level, with only 2% in Asia Pacific being promoted to principal level compared to 20% of men, according to new McKinsey research.
More board seats are now allocated to women, and companies have also shown growing interest in diversity beyond gender.
The asset management industry continues to be male-dominated. Senior executives from Aware Super and State Street Global Advisors discuss how advocacy can move the needle.
Women executives continue to suffer from entrenched biases of a male-dominated business world. What needs to be done to change this?
Companies in major indices across developed markets will be expected to issue climate-related disclosures and have a third of their boards comprise women by 2023.
Stakeholders are placing increasing importance on gender equality on corporate boards, but institutionalised problems continue to limit career advancement for women in Asia Pacific, experts say.
The country's economic rebound and proposals to support more growth bode well for investment returns, but supers are unhappy the budget did not offer more support for women.
Asset owners can influence gender parity efforts in listed companies by engaging with companies or investing in passive indices.
A pilot project to give young women the chance to apply for internships in India is to be taken as the basis for a wider global roll-out, backed by of some of the world’s largest asset owners.
With poor gender balance numbers at global institutions, the quality of decision-making could be compromised by the lack of different perspectives, said the survey's researchers.
Asia now accounts for half of all CFA certification candidates and has better female member representation. The CFA Institute also aims to open a Shanghai office, says its regional MD.
Women are more cautious with money than men, but Hong Kong women are more confident than most, finds a BlackRock survey.