A rash of financial institutions have recently made headlines with grand donations and initiatives to improve diversity within their firms, in response to the protests over the killing of George Floyd that gripped cities across the US and beyond.
Direct indexing firm C8 Technologies has made the LGBTQ100 ESG Index tradable for investors around the world, by collaborating with LGBTQ Loyalty Holdings through its wholly-owned business unit, Advancing Equality Preference.
Redington leads student initiative to tackle under-representation of black talent in investment industry
Investment consultant Redington is working with nine other leading financial services firms (all members of the Diversity Project) to help connect businesses directly with students to tackle the underrepresentation of black talent in the industry.
Sterling Trading Tech, a provider of compliance, risk and infrastructure solutions for equity, options and futures trading, is committing resources to support a non-profit urban youth financial education, training and mentoring organisation, Wall Street Bound.
Asset managers, including Fidelity International, Aviva Investors, and Invesco, have outlined their initiatives to close the gender pay gap, as scrutiny returns to the male-dominated financial services industry.