David Newns: Three trends that will pile pressure on diversity-averse companies

We should withdraw from unequal companies

clock • 4 min read

In the Hampton Alexander Review, Saxo Bank CEO Kim Fournais wrote that investing is one of the most effective ways to make an impact on the world. This is why I am withdrawing my investments from the ten companies identified by the review as the worst performers on gender diversity in organisational leadership.

In the Hampton Alexander Review, Saxo Bank CEO Kim Fournais wrote that investing is one of the most effective ways to make an impact on the world. This is why I am withdrawing my investments from the ten companies identified by the review as the worst performers on gender diversity in organisational leadership.  If the Hampton Alexander Review is not pressure enough, then investor persuasion probably will be one of the tools to make these companies more diverse and equitable.  Diversity Project targets 30% female fund managers by 2030 Although I am one of the first to so openly...

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

Join now

 

Already an Investment Week
member?

Login

More on Funds

Legal & General closes Future World Sustainable Global Equity Focus fund

Legal & General closes Future World Sustainable Global Equity Focus fund

Launched in December 2021

Valeria Martinez
clock 01 November 2024 • 1 min read
Hedge fund founded by Wirecard sceptics shuts down

Hedge fund founded by Wirecard sceptics shuts down

'Too small to be viable'

Linus Uhlig
clock 31 October 2024 • 1 min read
Ninety One shuts Global Macro Alternative fund

Ninety One shuts Global Macro Alternative fund

Three share classes closed for two other funds

Cristian Angeloni
clock 31 October 2024 • 1 min read
Trustpilot