Majority women-owned firms manage just one percent of global investable assets, and women comprise just 10% of portfolio managers in the investment management field. Disrupting these numbers was the center of discussion in a Gabelli School Virtual Centennial Speaker Series event sponsored by the Gabelli Center for Global Security Analysis.
Early in U.S. history, federal funding of public infrastructure was deemed unconstitutional. Railroads, canals, and bridges were few and far between until President Abraham Lincoln had a vision that would not only bolster the economy by widening travel, but also allow every American citizen the chance to “climb the economic ladder” post-emancipation.
When the COVID-19 pandemic hit in early 2020, many thought the focus on environmental, social, and governance (ESG) criteria would die out as so many companies were struggling to survive. Instead, by the end of the year, global assets under management in the ESG category increased by a surprising 96 percent.
The lack of female role models at the top in finance makes it difficult to recruit, retain, and promote more women in the field. The issue of gender balance and attracting more women to the finance space was the focus of a Gabelli School Virtual Centennial Speaker Series event sponsored by the Gabelli Center for Global Security Analysis.
While women comprise roughly just 25 percent of the workforce in notoriously male-dominated fields like law and accounting, in the investment management arena, female portfolio managers represent a staggering 10 percent.
Join us for a fireside chat with Michael Inserra and Kelly Grier, two Ernst & Young senior executives, as they discuss the future of work, leadership lessons learned during the pandemic, key aspects of corporate culture—including DEI and ESG —and why EY’s long-standing partnership with Fordham’s Gabelli School of Business is strategically important.