Thu, Apr 18, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Institutions say that 2020 had influenced their thinking on diversity, equity, and inclusion

Thursday, March 18, 2021

Laxman Pai, Opalesque Asia:

According to Aon survey of institutional investors, while 42% of the respondents stated that the events of 2020 had not changed their thinking or approach to diverse asset manager investing, the majority (58% reported that the events of last year did make them more attuned to issues around diversity and inclusion in their portfolios.

11% of those investors polled felt more pressure from stakeholders to invest with diverse managers, said the survey of institutional investors, including public and corporate pensions, endowments, foundations, defined contribution plans, healthcare organizations, and other asset owners.

The survey also revealed increased pressure from boards and beneficiaries to address diversity in their portfolio. 18% reported that constituents, boards, and beneficiaries are now asking for statistics on diversity within their portfolio.

12% felt more pressure to engage with majority-owned (not owned by women or minorities) firms about diversity statistics, programs, and other diversity, equity, and inclusion (DE&I) issues.

Meanwhile, 13% responded they felt more pressure to engage or had increased engagement with diverse investment firms.

According to the survey, 7% of those polled reported that they had launched a formal diverse investment manager policy/program in response to the events of 2020. Notably, those respondents came from a range of investor types, including corporate pensions and endowments......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1