Putting the pandemic to one side, the issue of diversity and inclusion looks set to become one of the key issues for the funds industry in the 2020s.
Following the rise this year of movements such as Black Lives Matters, financial services firms are revising their policies and recruitment programmes to bring a wider range of ethnicities into their organisations and to improve the gender pay gap.
In this article, published in the September edition of Funds Europe, Corinne Lamesch, chairperson of the Association of the Luxembourg Fund Industry (Alfi), argues that diversity, at its heart, is about empowering people by respecting what makes them different, regardless of gender, ethnicity, religion, sexual orientation, education or nationality.
The evidence increasingly shows, she says, that having a more diverse workforce leads to better decision-making – and in the long-term a better performing industry.
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