About the “Hiding in Plain Sight” Series
Recently, Beeck Center Fellow Erika Seth Davies wrote a pair of provocative pieces shining a light on the dismal record the asset management industry has in fostering diversity. Less than 1.5% of nearly $70 trillion overseen by asset managers is handled by Black, Indiginous, or People of Color (BIPOC) or women.
In this two-part series, Erika and her guests will explore the roots of the problem, the ecosystem of asset management, and why it’s so important to see where and how the money moves, and offer potential strategies for change.
The series is produced in partnership with Common Future, and is open to all.
About Part 2: Solutions for Fighting Racism in the Asset Management Industry
The asset management world is a complex one, and the forces that have allowed it to remain white for so long are many. Poor hiring and recruiting practices, lack of media attention, dismissing performance of minority-managed funds all contribute to maintaining the status quo.
Part 1 looked at the history and the ecosystem of the asset management industry and how it has allowed racism to exist unchecked for so long. Part 2 delves into solutions, based on examples put in place by forward-thinking organizations and other research.
Erika Seth Davies is a Beeck Center Fellow and has been a nonprofit leader for 20+ years with extensive experience in development and fundraising, program design, collaboration and partnership management, and racial equity advocacy.
Erika will be joined by:
Angela Outlaw-Matheny, Director of Investment Staff & Diverse Manager Equity at Colonial Consulting
Rob Young, Managing Director and Head of Marketing/Client Service at Brown Capital Management
Tiffany Mcghe, CEO and Co-CIO of Institutional Investment Services at Momentum Capital
Please join us for an engaging and important conversation.