LGIM's Helena Morrissey unveils GIRL fund targeting high gender diversity firms

Championed by Helena Morrissey

Natalie Kenway
clock • 2 min read

L&G Investment Management has developed a proprietary index that will form the basis of its first gender-oriented fund, the L&G Future World Gender in Leadership (GIRL) UK Index fund.

Helena Morrissey, head of personal investing at the group and chair of the Diversity Project, has worked with the corporate governance team including Sacha Sadan, director of corporate governance, Clare Payn, head of corporate governance, North America, and David Barron head of index equity and smart-beta and manager of the fund, to develop a UK mandate that will allocate more to companies that have achieved higher levels of gender diversity. At a launch event this morning attended by Investment Week, Morrissey said: "Gender inequality has been a key issue of our time creating despondenc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Equities

Will a tech shake-up stop the rise of passives?

Will a tech shake-up stop the rise of passives?

'That kind of built-in safety net is hard to beat'

Laura Suter
clock 18 February 2025 • 2 min read
Making sense of the great UK equity sell-off

Making sense of the great UK equity sell-off

Ongoing M&A activity proves alluring for some buyers

Darius McDermott
clock 31 January 2025 • 5 min read
Why investing in Asia is the real deal

Why investing in Asia is the real deal

Accumulating as much insight as possible

Gabriel Sacks
clock 31 January 2025 • 5 min read