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.
Tag : women
More board seats are now allocated to women, and companies have also shown growing interest in diversity beyond gender.
Human capital disclosure requirements are limited and vague, for instance, but some institutional investors continue to push for more transparency from companies.
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.
The number of women on boards in Southeast Asia outpace Asia but numbers have risen only marginally and board chairs are still 95% men, Deloitte study shows.
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.
Despite the growing body of research that shows women-led funds have the potential to outperform benchmarks, asset managers are still overwhelmingly led by men.
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.
While gender lens investing metrics are still lacking, some experts say that rushing out a strict taxonomy at an early stage could constrain growth for the budding sector.
Danish pension plan PBU may have backed a Southeast Asia women-focused fund for commercial reasons, but it is in a small minority of asset owners making such investments.
Workplace inclusiveness ultimately strengthens investment capabilities, say experts. The launch of the HK Bloomberg Women’s Buy-side Network aims to progress the debate.