Multi-asset and real asset managers are the least likely to perform diversity assessments as part of their investment due diligence, a survey has found.
Redington's Sustainable Investment Survey interviewed 112 asset managers, representing over $10trn in AUM, finding that while 94% agreed that diverse teams have a positive and real impact on their investment process, most were failing to follow through. Credit and equity asset managers were the only respondents where a majority said they consider gender in their assessments, with 68% and 58% agreeing respectively. This compares to 44% of private debt managers, 39% of multi-asset managers and only 24% of real asset managers. Across all managers, the survey found that 50% said they cons...
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