We need to get on the global bandwagon of inclusivity and make 2024 the year when women in the asset management field can address and decisively curb this disparity.
As per statistics from October 2023, the percentage of female fund managers has remained approximately
12% for over 20 years now. This seems like a massive gap considering women make up more than 50% of the world’s population, earn more than $20trn every year globally, and control over one-third of total household wealth. Despite the overall positive outlook in a post-Covid economy, the financial management sector still seems to be unable to overcome an age-old hurdle: gender bias.
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