Thu, Oct 28, 2021
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Credit Suisse gender report shows improvement in diversity but gaps remain

Wednesday, September 29, 2021

Bailey McCann, Opalesque New York:

Women have taken the brunt of the pandemic in many ways. Data show that more women than men left the workforce during the pandemic. But for those that remained employed there are a few positives. New data from Credit Suisse shows that the number of women on boards and in management positions is slowly but steadily increasing.

The report analyzes the gender breakdown of 33,000 senior executives from over 3,000 companies across 46 countries.

According to the report, between 2015 and 2021, the percentage of women on boards globally increased by 8.9 percentage points and more than doubled if judged back to the start of the decade. Europe and North America led the global average with 34.4% and 28.6% of women on boards. Asia Pacific came in at 17.3% and Latin America at 12.7%.

European countries led globally in the percentage of female directors on the board with France being the leader at 45%. The UK came in at 10th with 35% meeting the prior targets of "The 30% Club" set originally for the FTSE 100 and FTSE 350.

Senior management is also becoming more diverse. The average percentage of women in senior management has improved from 17.6% in our 2019 report to 19.9% in 2021. The number of female CEOs globally has increased by 27% though they still only account for 5.5% of the total. The number of CFOs who are women has increased by 17% and now account for 16% of all CFO positions globally.

Advancements in diversity could be ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SPACs: Is the SPAC boom fizzling out?, SPAC merger mania: Companies that went public via blank-check merger in Q3, SPAC marketing heavily curtailed in House Democrats' draft bill[more]

    Is the SPAC boom fizzling out? From Crunch Base: SPACs may be fizzling out. Since February 2021, when the SPAC (special-purpose acquisition company) craze was booming, a market selloff has wiped out about $75 billion of the value of companies that went public using SPACs, according to

  2. Institutional Investors: Vanderbilt University endowment records 57.1% return for fiscal year, MIT endowment logs 55.5% return for latest fiscal year, AP1 re-tenders $720m emerging markets small-cap mandate, Harvard, world's wealthiest university, sees endowment soar to $53.2bn, San Francisco shifts passive equity mandate to active BlackRock ESG strategy[more]

    Vanderbilt University endowment records 57.1% return for fiscal year From Vanderbilt University's endowment returned a net 57.1% in the fiscal year ended June 30, according to a financial report on the Nashville, Tenn.-based university. The report did not provide benchma

  3. New Launches: Massar Capital launches new global discretionary strategy, White Oak closes latest direct lending fund at $1.3bn, Aterian replicates speedy fundraise to collect $830m in nine weeks, Sofinnova holds $548m final close for Capital X, Multicoin Capital targets $250m for third crypto VC fund, Tobam launches French bitcoin and blockchain fund[more]

    Massar Capital launches new global discretionary strategy Massar Capital Management has launched a new discretionary macro hedge fund strategy which aims to capitalize on directional trading opportunities across a broad set of global markets. The Massar Macro Directional is the N

  4. How Viking Global became the hedge-fund industry's hottest launch pad[more]

    From Business Insider: Since Dan Sundheim's massively successful launch of D1 Capital in 2018, there have been six more spinoffs from Viking Global that have collectively raised billions - and at least one more is in the works. Among them: Grant Wonders, 31, who launched Voyager Global this ye

  5. PE/VC: Moody's warns of 'systemic risks' in private credit industry, Sequoia to restructure itself away from traditional VC model, Modeling private equity market beta, VC investors pour money into Chinese start-ups despite regulatory crackdown[more]

    Moody's warns of 'systemic risks' in private credit industry From FT: The burgeoning private credit industry of lending to buyout groups has grown to about $1tn, but opacity, eroding standards and the difficulty in trading these slices of debt pose "systemic risks", according to rating