New partners join diversity campaign
Two new partners have signed up to Future IM/Pact, a campaign launched last year aimed at attracting more diversity to investment management, bringing the number of key fund managers and superannuation funds to participate to 14.
Challenger Limited and Macquarie Securities were the newest signatories to the scheme, which would have an initial focus on women.
“We realised that attracting women into our business requires grassroots education about what a career in investments offers. We’re delighted to be working alongside other industry leaders to raise the profile of this profession and provide meaningful opportunities for young people to get a foot in the door,” Challenger Life chief executive and chief investment officer, Chris Plater, said.
“Addressing an industry-wide challenge like this requires collaboration across all aspects of industry,” Macquarie Securities head of research, Kristen Edmond, said. “It’s refreshing to be able to partner with our clients to implement practical solutions aimed at building our future talent pipeline.”
Future IM/Pact would be running events in Melbourne and Sydney this week aimed at helping students understand the impact of investing and the opportunities the sector offered young women.
AUTHOR
Hannah Wootton
Recommended for you
Tribeca Investment Partners has made a distribution hire from Australian Ethical in a newly-created role focused on the national intermediary market.
Asset managers may be urged to diversify their product ranges, but investment executives have warned any M&A deal should avoid simply filling gaps and instead consider long-term value creation.
Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equity firm.
Fund managers are entering 2025 with the most bullish sentiment since August 2021 and record high allocations to US equities, thanks to the incoming Trump administration.
