Diversity

JANA says it ‘will not recommend any AMP Capital strategies to clients or recommend that clients add to existing investments’ due to concerns over the firm’s decision-making and culture.

AMP Capital chairman John Fraser also resigned along with AMP Ltd chairman David Murray as shareholder pressure leads to changes at the top.

The Australian company will pay A$460m to re-acquire a 15% stake in AMP Capital from the Japanese bank and is addressing company culture issues its CEO says.

Last year saw the Paris-based asset manager targeting 272 companies on the basis of gender diversity concerns, up 369% compared to 2018.

Recent police killings of African Americans are forcing a national reckoning over how minorities are treated in all parts of society – including in private markets, says the firm’s founder.

Diversity dominated discussion at IPEM 2020 in Cannes – but will these words turn into action?

Although both issues are increasingly industry talking points, they are a priority for only a few LPs, and lack of gender balance in GPs is rarely a deal-breaker, writes Amy Carroll.

You don’t often hear of an investor point-blank refusing to engage with a manager on the grounds of a lack of diversity. But that’s exactly what delegates heard from a GP at the Women in Private Equity Forum, held in London in November. The GP had presented its latest fund offering to a Nordic state […]

In this three-minute video, delegates at PEI's Women in Private Markets Forum in London share whether LPs are seeking enough from their GPs to better promote diversity.

How to achieve diversity, dealing with late-cycle ‘schizophrenia’, technology and regulatory risk, and why the right questions are crucial for ESG implementation were some of the key topics covered.