New study shows diverse-owned firms represent a small fraction of asset management industry despite equal performance

Miami—Firms owned by women and minorities manage just 1.3 percent of assets in the $69 trillion asset management industry, though their performance is not statistically different from the industry as a whole, a new study from Bella Research Group and the John S. and James L. Knight Foundation has found. The study, led by Josh … Continue reading New study shows diverse-owned firms represent a small fraction of asset management industry despite equal performance