Jane Welsh: Fund consultants and ratings agencies must step up to improve diversity

Diversity Project manager on breaking down barriers in portfolio management

Fund consultants and ratings agencies have just as big a role to play in helping to improve diversity within portfolio management as asset management companies, according to The Diversity Project's Jane Welsh.

In late 2018, capital markets think tank New Financial, in association with The Diversity Project, released a report outlining key barriers to improving diversity in portfolio management. Welsh, project manager for The Diversity Project, told Investment Week two of these barriers - low turnover of portfolio managers and gaps in track records due to leaves of absence - were "peculiar to [the asset management] industry". IW's 25th anniversary: From data to diversity - the changing face of the industry "Those were two very specific issues that that we needed to address," Welsh, who wo...