Hedge Funds Fall Flat When It Comes to Diversifying Ranks
- The $3.2 trillion industry has few female or minority leaders
- Firms don’t seem to be working on alternative approaches
Sept. 23: BofA CEO Says Banks Can't Solve Inequality on Their Own
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The place might sound like a Wall Street throwback: Men do the trading. Women do the marketing. Not a single investment employee is Black. But here’s something even more remarkable: none of this is so remarkable at all.
This, after all, is the hedge fund industry, one of the most White-male-dominated businesses in the mostly White-male world of American finance.