Ellevate Holding Conference to Activate Gender Equality Movements

Sallie Krawcheck, CEO and Co-Founder, Ellevest

Since its launch in May of 2016, I have started following Ellevate Network on my Twitter feed, and I am always impressed by the quality of their material on both gender equality and gender lens investing. Now, the new startup that aims to capture the $11 trillion women’s investing market, is holding a conference in June to activate gender equality movements. Sallie Krawcheck, the architect and founder of Ellevest, came to my attention last spring when I was creating a list of 9 Gender Lens Investors to Know About.

Here is my capsule on Krawcheck from that article:

Sallie Krawcheck, CEO and Co-Founder, Ellevest

Read More

Women Leading Change Event in Providence Features Jackie VanderBrug

Jackie VanderBrug will speak about gender lens investing in Rhode Island on June 7.

The world of gender lens investing has yet to be even marginally explored for all its potential, especially given that  only 1.1% of assets under management in the asset industry are controlled by women and minorities.

That’s why it’s exciting to learn that the Women’s Fund of Rhode Island is hosting an event on June 7, 2017 featuring Jackie VanderBrug, gender lens investing expert. I featured Jackie VanderBrug in my list of 9 leaders to know in gender lens investing. Here is my capsule on her:

Jackie VanderBrug, Senior Vice President and Investment Strategist, US Trust

Read More

Knight Foundation Study: Women and Minorities Control Only 1.1% of Asset Management Industry

Knight Foundation’s new study sheds light on gross disparities in the asset management industry.

Of the $71.4 trillion dollars controlled by the asset management industry, only 1.1 percent of total assets under management are with firms owned by women and minorities.

You heard that right. Although the number of firms that are women- or minority-owned can range from 3 to 9% across the four different asset categories in the industry, assets controlled by those firms account for only 1.1% of all assets under management.

A press release from the Knight Foundation, which commissioned the study, states that this is the most in-depth study to date about ownership diversity in asset management. Additional analysis revealed that the 1.1% managed by women and minorities had no difference in performance from the 98.9% non-diverse asset management industry.

Read More