Australia had more female fund managers seven years ago
New research suggests the world of funds management is becoming less of a boys’ club, with female representation in the $4.3 trillion sector edging higher to nearly a third this year.
The most promising progress is at the analyst and senior analyst levels, but female representation at the portfolio manager level has gone backwards, Future IM/Pact, an industry initiative aimed at making investment teams more diverse, found.
An earlier version of the story reported an anecdote from Kristen Le Mesurier occurred 12 years ago, but it occurred 10 years ago. Ms Le Mesurier’s title has also been corrected to head of ESG, growth equities at First Sentier Investors.
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