Female managers at the helm of funds remain a small minority

Only 45 female managers in the UK

In the UK, there are still more funds run by men called Dave than there are female managers in total, according to an analysis by Morningstar, which revealed that female fund managers are still greatly outnumbered by their male counterparts.

In the UK, some 68 funds are run by men called Dave or David, but there is only a total of 45 female managers in the country, equivalent to just 7.7% of UK-domiciled funds in Morningstar's sample. The total assets of the UK funds analysed was £475bn, and women managed just £44bn of this, around 9.3% of the total. By comparison, men named Dave manage £27.6bn of investor cash in the UK, the data analysed by EMEA editorial manager Holly Black shows. Some asset managers 'paying lip service' to gender diversity issues "7.7% is simply not good enough, is it? Fund management is a brill...