Diversity & Equality

Story

Xponance and Investcorp to launch strategic partnership in support of diverse and woman-owned managers

Xponance and Investcorp to launch strategic partnership in support of diverse and woman-owned managers

Xponance, a USD12 billion multi-strategy investment firm, and Investcorp, a USD35 billion leading global provider and manager of alternative investment products, have entered into a strategic partnership to collaborate on General Partnership (GP) staking and seeding interests in diverse and woman-owned alternative asset managers. This venture will build on the strengths of both Investcorp’s extensive alternatives expertise and Xponance’s long-lived and pioneering efforts in the seeding and funding of strategies offered by diverse and woman-owned managers. 

Story

Covid-19 and threat of climate change drives increase in LGIM’s company engagements

Covid-19 and threat of climate change drives increase in LGIM’s company engagements

Legal & General Investment Management (LGIM), one of the world’s largest asset managers, has released its tenth annual ‘Active Ownership’ report, which reveals that over the course of 2020, it increased company engagements by 21 per cent and continued to vote globally, opposing the election of more than 4,700 company directors, as it sought to effect positive change at companies in which it invests.

Story

Average pay for female FTSE-350 financial services directors just GBP247k vs GBP722k for men

Average pay for female FTSE-350 financial services directors just GBP247k vs GBP722k for men

The average pay for female directors at FTSE-350 financial services firms stands at GBP247,100 compared to GBP722,300 for their male counterparts, suggesting slow progress has been made in promoting women to senior, higher-paid executive positions, according to new research by Fox and Partners, the employment and partnership law specialists.