LGBT+: IA proposes 12 ways the asset management industry can be more inclusive

Senior management crucial

The Investment Association has made 12 suggestions that the asset management industry could adopt to support LGBT+ employees following a discussion with firms in June.

The trade body has released the report Bringing Our Whole Selves To Work: The LGBT+ experience in asset management, which found just 54% of asset management and investment banking staff had staff who felt senior leaders demonstrated a commitment to LGBT+ equality. The reason for the inclusivity, the report said, was research suggests a happy workforce can boost sales by 37%, productivity by 31%, and accuracy on tasks by 19%. The IA, supported by OUTstanding part of INvolve, a membership organisation championing diversity and inclusion in business, led discussions with 22 external atte...