Inaugural IA EDI report finds smaller firms are setting fewer targets

Concerns over effectiveness of the targets

Smaller fund management firms are significantly trailing behind larger houses in setting targets for equity, diversity and inclusion, the Investment Association has found.

The IA has unveiled its first Equity, Diversity and Inclusion Data survey, providing an industry-wide data report on EDI statistics in the UK investment management industry. The study compiled the results from a questionnaire that covered data on characteristics such as age, caring responsibilities, disability, ethnicity, gender, neurodiversity, religion, sexual orientation and socio-economic background, to help firms better understand their workforce. LGBT Great unveils charity gala to fund increased representation in media In total, 52 UK fund management firms took part, which co...