January 27, 2023

Why University Endowments Should Hire Investment Firms Owned By Women And Minorities:

By 2050, the majority of  people in the United States will be members of racial minority groups. However, U.S. businesses  are struggling to build workforces that reflect the changing face of our society. The challenges for Black and Hispanic people are most obvious at the highest reaches of corporate management, including among investment firms. While many women with college degrees have ample opportunities to enter the job market, many still struggle to gain equal footing as their careers progress, especially at the upper reaches of big companies. Though they constitute more than 50% of the population, women lead only approximately 6% of the Fortune 500 companies.

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