New research material, Accelerating Change: Diversity, Equity, and Inclusion in Investment Management

CFA Institute has published a research report which provides a roadmap for investment firm leaders to implement Diversity, Equity & Inclusion practices in their firms. To evaluate DEI efforts, the Experimental Partners Program collected data from 41 investment organizations in the US, Canada, and Australia. This report provides an analysis of the findings and suggests key steps to advance DEI in investment firms.

Through the CFA Institute Experimental Partners Program, 41 investment organizations responded to the challenge to make the investment industry more inclusive by implementing ideas in the CFA Institute guide Driving Change: Diversity & Inclusion in Investment Management. 

The new report, Accelerating Change: Diversity, Equity, and Inclusion in Investment Management, captures the vast array of data, both qualitative and quantitative, collected over the Program’s duration. The organizations that participated range from relatively small, one office firms, to global companies with multiple locations and thousands of employees. Overall, these organizations are headquartered in the United States, 10% in Canada, and 7% in Australia.

The main body of the report gives detailed reviews of the actions taken by Experimental Partners to achieve a desired impact—from recruiting more individuals from underrepresented communities, to advancing those already employed. The report discusses what is required to start the work for those beginning their DEI initiatives and what more mature DEI strategies and programs involve. Conclusion involves an industry call to action, including information on CFA Institute DEI Code, which is currently in public consultation.

You can record 1.25 PL credits for reading the report.