The "glass closet" preventing LGBTQ+ members of the asset management industry from progressing in their careers can be broken by a larger number of openly gay role models, as well as management teams "living their values" and encouraging employees to "bring their whole authentic selves to work", according to Arisaig Partners' Rebecca Lewis.
Lewis, who is a managing partner at the emerging market investment management firm, added a push for diversity must be prevalent across companies' portfolios as well as in their respective offices, in order to truly work towards positive change. As such Arisaig, which has $3.5bn under management across its four Asian, global, LatAm and 'next generation' equity portfolios - adopts a rigorous ESG approach to stock selection, engages in activist dialogue with management teams and tends to invest in companies with a ten- to 20-year time horizon in order to help facilitate permanent changes. ...
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