Sarah Maynard, Global Senior Head Diversity, Equity, and Inclusion, at CFA Institute: “The Citywire Alpha report, which launched earlier this today, shines a light on a historic problem in the investment industry - gender diversity. Despite asset management industry pledges to reach 50/50, such parity has been slow to progress.
“To accelerate the change needed within the industry, we are delighted to announce that this week marks the start of the Young Women In Investment programme 2022 in association with CFA Institute. The UK cohort of the pilot programme started on Monday 12th September and has been designed to raise awareness of gender pipeline imbalance in the investment industry and the available solutions, while also providing an opportunity for firms to harness the talents of young women graduates who may not have considered a career in the industry.”
“This year, we have received more than 90 high-calibre applications from a very diverse group of candidates, all interested in one of the 27 places available on a one-month bootcamp led by Fitch Learning. Eighteen successful candidates will subsequently begin six-month paid industry internships within some of the top asset management firms.
“The confirmed internships are provided by Acadian Asset Management, AXA Investment Management, BNP Paribas, Fidelity International, LGT Wealth Management, Morningstar, Northern Trust Global Investors, Payden & Rygel and Willis Towers Watson. We are immensely proud to be working alongside such well-known partners.”
“This initiative is another step in the right direction to make gender equality the norm in the investment profession building on successful roll-outs in India, Brazil and Qatar.”
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About CFA UK
Part of the worldwide network of member societies of CFA Institute, CFA UK represents the interests of 12,000 investment professionals in the UK.