Women make up 14% of all fund managers, and the U.S. lags behind that global average
Morningstar data show women are making little progress breaking into the ranks of portfolio managers.
March 12, 2021 5 MINS
Whatever progress women are making in the asset management industry, it is not yet showing up in the ranks of portfolio managers, where the percentage of women fund managers has been hovering around 14% for the past two decades.
Morningstar, which crunched the portfolio manager gender data in just about every way imaginable, showed that women fare slightly better when it comes to fixed income and passively managed index funds, but as a country, the United States continues to lag the global averages.