Forrest-backed all-female fund wants to change a pale, male industry
Nicola Forrest will invest $100 million to seed the first all-female fund in Australia. But one of the star stock pickers says it’s a tough time for active managers.
That’s the verdict on gender diversity in the Australian funds management sector from one of our top female stock pickers, Catherine Allfrey from WaveStone Capital, who has joined the country’s first all-women investment trust, which will be seeded with $100 million from Nicola and Andrew Forrest’s Minderoo Foundation.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
