Just one in 10 asset manager CEOs and chairs are women, IA reveals

Initiatives to address gender issues

Jayna Rana
clock • 3 min read

A new report by the Investment Association looking at the make-up of the gender pay gap in the asset management industry has revealed only 11% of senior positions in the sector are filled by women.

The report, entitled Closing the Gap, comes as the 4 April deadline for the Government's gender pay gap reporting approaches, and are based on responses from 39 of its member firms. It also highlights some of the flagship initiatives the industry is taking to help narrow the gap with recommendations for benchmarking and monitoring of progress. Overall, the report found IA members have a median gender pay gap of 31%, a significant factor being that many senior positions are still filled by men, with just one in 10 (11%) of survey respondents having a female CEO or a female chair. Even ...

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 Companies

Mattioli Woods snaps up Cullen Wealth

Mattioli Woods snaps up Cullen Wealth

Companies House filings outline pre-Budget swoop

Isabel Baxter
clock 04 November 2024 • 2 min read
Financial planning firm Boosst becomes employee-owned

Financial planning firm Boosst becomes employee-owned

100% of shares transferred to the EOT without imposing any third-party debt

Isabel Baxter
clock 28 October 2024 • 2 min read
Openwork receives minority investment from Bain Capital

Openwork receives minority investment from Bain Capital

Following the network’s hunt for minority investor support in 2023

Isabel Baxter
clock 28 October 2024 • 2 min read