Have we finally found a solution to the lack of women in fund management?

I started managing money in 1990 and was surprised to find myself the only woman in a team of 16.  Thirty years later I was contacted by a young woman. She had just started managing money but felt discouraged about her career prospects. We met for coffee; her opening line was "the problem is, I am the only woman in a team of 15". Three decades and seemingly no progress at all.   Now for the first 20 years, few seemed bothered about the scarcity of female managers, but more recently we have seen countless initiatives and general agreement that the industry needs better gender-balanc...