There are stark geographical differences when it comes to female board participation in fund’s underlying companies, according to research from MSCI for Investment Week.
Figures reveal that while over half of funds focused on Europe have an average female board participation of at least 30%, just 8.5% of funds focused on Asia can claim the same in 2022. "On an aggregate basis, developed market funds perform better on portfolio level female board participation versus emerging market peers," explained Rumi Mahmood, vice president, ESG and climate research at MSCI. Board gender parity delayed to 2059 at current pace Veronique Morel, wealth manager at Raymond James, said the data "rings true". "It is more widely acceptable to have females on boar...
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