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Diversity in the Asset Management Industry: on the Right Track, But at the Wrong Pace

Updated: Sep 12, 2023

Published by: Willis Towers Watson


Using diversity data as of Dec. 31, 2021, and net performance data as of Dec. 31, 2022, the analysis found that investment teams in the top quartile of gender diversity outperformed the bottom quartile by 45 basis points per year. The top quartile comprised investment teams with the highest proportion of a team reporting as non-male. By asset class, equity and credit strategies showed a gender diversity premium of 46 basis points and 14 basis points per year, respectively.




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