Diversifying large asset managers creates more impact than funding emerging ones
Kim Lew · Diversity, Equity & Inclusion 2: Kim Lew – The Opportunity and Challenge (Capital Allocators, EP.152) · Aug 17, 2020 · at 27:59
Kim Lew, CIO of the Carnegie Corporation of New York, discusses institutional approaches to diversity and how talent spin-outs shape the asset management industry.
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“I'm actually Of the belief that the bigger impact will be on getting the large firms to be more diverse. That has a bigger overall impact than funding diverse managers. Although I think the more bang for the buck is finding these new diverse managers to support and build relationships with over time. But if the big firms of the world have more diverse populations, then ultimately there will be more diverse firms down the road because that's who spins out of the big firms to create these firms at some point.”
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