Studies consistently show that when leadership teams include more women, their presence generates fresh perspectives that foster innovative approaches and solutions to problems
International Women’s Day offers an opportunity to take stock of areas where women have made progress in the struggle for equality but also to examine the gaps that remain. In the United States, women have made notable gains politically, but far too many continue to struggle to gain economic equality, including at the highest levels of American business.
By contrast, for many American women, the economic picture is less encouraging. While many more women are earning college and graduate degrees, once they graduate, many face a pattern of pervasive discrimination. It exists throughout the workforce, across industries, and in all regions of the country. From Wall Street to Silicon Valley, from Main Street offices to rust belt factories, highly trained, hardworking, and capable women continue to hit a glass ceiling.
found that of the 70 trillion dollars in assets under management in North America, firms owned by women control less than 1% of those assets. Only 0.8are in the hands of women-owned firms. They control only 1.5% of hedge fund assets. The list goes on and on. Women owned firms also have few opportunities to invest funds from university endowments, which now total more than 500 billion dollars nationwide. Aon fund managers by gender delved deeply into the issue of performance.
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