Reboot. index: Financial services firms falling short on diversity and inclusion

Average score of 65 out of 100

Multiple sectors across the financial services industry – including asset management, hedge funds, investment banking and wealth management – are falling well below the optimal diversity and inclusion criteria, according to a new index released by reboot.

Reboot., a network of financial services professionals aiming to maintain dialogue on racial equality in the workplace, launched its inaugural FS Race to Equality index today, in partnership with research house Coleman Parkes. Having surveyed 800 employees from 440 different firms, focusing on representation, culture, and tangible action, it found the average financial services company scored 65 points out of a possible 100, the latter of which is deemed to be ‘optimal' in terms of D&I criteria. Each of the seven subsectors within financial services - which also included pensions, ins...