Addidi's Anna Sofat: Why women are opting out of corporate culture

'Sticky middle to the C-suite' is the problem

clock • 2 min read

Women drop out of corporate culture at an average age of 38, leading to a "talent drain" from companies in the investment industry, Addidi Wealth's Anna Sofat told delegates at the inaugural Women in Investment Festival in a session on 'The Sticky Middle'.

Speaking at the event at The Brewery in London on 3 March, Sofat said that while women now have "financial clout", that "sticky middle to the C-suite is the problem", adding that the asset management industry is "one of the worst". "Women tend to drop out of corporate culture around about the age of 38 whether they have children or not. That is us opting out because we don't like what we see there," she said. International Women's Day: Company engagement moves the needle on gender equality She referred to research, which showed that three in four women and two in five men say workp...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

RGL adds further 1,500 Woodford investors to lawsuit against Hargreaves Lansdown

RGL adds further 1,500 Woodford investors to lawsuit against Hargreaves Lansdown

Total of approximately 6,600 claimants

Cristian Angeloni
clock 27 January 2025 • 1 min read
Sustainable Investment Awards Winners Interview - UBS

Sustainable Investment Awards Winners Interview - UBS

clock 23 January 2025 • 4 min read
Quilter Cheviot Europe CIO Donnacha Fox dies

Quilter Cheviot Europe CIO Donnacha Fox dies

Deputy head of Dublin office

Cristian Angeloni
clock 15 January 2025 • 1 min read
Trustpilot