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Asset managers improving diversity efforts, but survey finds work left to do

Most asset owners make diversity and inclusion investment decisions a key talking point. Morgan Stanley recently conducted a survey to see if they…

By Alan Goforth | October 22, 2021 at 02:25 PM

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Most asset owners make diversity and inclusion investment decisions a key talking point. Morgan Stanley recently conducted a survey to see if they are putting their money where their mouths are.

“The results point to an important challenge for the industry: While asset owners say that diversity is important, most — especially white investment professionals — perceive a negative financial trade-off that comes with prioritizing diversity,” according to the survey report. “The exception is with public pension funds that are setting the standard for action.”

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