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Women Fail to Gain Ground in Funds World Despite Diversity Push

  • Morningstar releases report on number of female fund managers
  • Globally, share is same as in 2000; U.S. sees deterioration
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The picture isn’t getting any brighter for women in asset management.

Despite widespread focus on the importance of diversity, the share of women running U.S. funds overseeing trillions of dollars has slid over the last two decades, according to a Morningstar Inc. analysis released Monday. Even passive funds, a booming area of money management that was once a hot-spot for female talent, have seen the percentage of women managers drop. Looking globally, progress has stagnated -- at 14%, women’s share is the same as in 2000.