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> My counter argument is that you must break the cycle somehow If you for some reason want more female fund managers, clearly the better way is to improve the
by Grustaf 6y ago
> My counter argument is that you must break the cycle somehow
If you for some reason want more female fund managers, clearly the better way is to improve the pipeline, encourage women to study business. Forcing companies to hire people they didn't want to hire is obviously a very bad idea.
More importantly, why is the number of female fund managers relevant?
> If you don't take a hit now and put more women on the boards
"Dear Alice, we are happy to tell you that XYZ Asset Management has decided to take the hit and hire you for the position as fund manager, congratulations!"
- DC1350 6y agoChanging the way the fund managers look is the easiest way to project a progressive image without actually doing anything meaningful. It’s great for the brand.
- cycloptic 6y agoSurely you can see how punting the problem back to academia is not a long-term solution. The industry keeps on being an old-boys club that way, and academia can select only for people who are willing to put up with that aspect.
- Grustaf 6y agoOn the contrary. The problem (if you consider it a problem) is one of supply, not demand. So the only long-term solution is to increase the supply, not create an artificial demand.
- cycloptic 6y agoThat's what I'm saying though, punting it back to academia doesn't increase the general supply, it only increases the supply with a smaller subset of people who are willing to put up with the "old-boys network" aspect for their entire career.