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Democrats call on major companies to explain lack of diversity in asset management
The hill ^
| 06/03/2022
| Rafael Bernal
Posted on 06/03/2022 4:37:05 PM PDT by ChicagoConservative27
Five Senate Democrats called on the pension fund managers of 25 major companies to explain the lack diversity in the asset management industry.
“Women and people of color are dramatically underrepresented in the field of asset management,” wrote Sens. Bob Menéndez (N.J.), Elizabeth Warren (Mass.), Alex Padilla (Calif.), Tim Kaine (Va.) and John Hickenlooper (Colo.).
“Less than 1% of the $70 trillion in global financial assets under management are managed by woman or minority-owned firms. Women and people of color are also extremely underrepresented at the board and senior management levels at asset management firms,” the senators wrote.
(Excerpt) Read more at thehill.com ...
TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: bidenvoters; companies; democrats; diversity; management
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Why is this any of their business??? God I hate these people.
To: ChicagoConservative27
The companies should tell them to eff off.
2
posted on
06/03/2022 4:38:37 PM PDT
by
Magnum44
(...against all enemies, foreign and domestic... )
To: ChicagoConservative27
Explanation?? We are in business to make money.
3
posted on
06/03/2022 4:39:06 PM PDT
by
God luvs America
(63.5 million pay no income tax and vote for DemoKrats...)
To: ChicagoConservative27
Bet none of these race pimping democRATs invest in asset management companies that make diversity their top priority.
4
posted on
06/03/2022 4:42:51 PM PDT
by
DaBroasta
To: ChicagoConservative27
what i need is an affirmative action hire asset manager, said no investor ever...
5
posted on
06/03/2022 4:43:35 PM PDT
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
To: ChicagoConservative27
Back off, busybodies! Who works where in the private sector is none of your damn business.
6
posted on
06/03/2022 4:44:10 PM PDT
by
Allegra
To: ChicagoConservative27
There’s probably already a law against them being able to say “they’re not smart enough.”
7
posted on
06/03/2022 4:44:45 PM PDT
by
blam
To: ChicagoConservative27
Because they want to make money, not lose it?
8
posted on
06/03/2022 4:46:42 PM PDT
by
TonyinLA
( I don't have sufficient information to make an informed opinion said no lefty ever.)
To: ChicagoConservative27
Guess they dont understand “asset management”...sheesh...yeah, let us do affirmative action hires for financial management...and brain surgeons, too
9
posted on
06/03/2022 4:46:47 PM PDT
by
goodnesswins
(....pervert Biden & O Cabal are destroying America, as planned. )
To: Magnum44
The companies should tell them to eff off.Agree. 👍
10
posted on
06/03/2022 4:47:40 PM PDT
by
Mark17
(Retired USAF air traffic controller. Father of USAF pilot. USAF aviation runs in the family )
To: Chode
The statement that there is not enough “diversity” is of itself quite racist!
11
posted on
06/03/2022 4:47:52 PM PDT
by
DrHFrog
To: Magnum44
I’ve had the unfortunate opportunity to work with some of the latest Diversity Hires. In my opinion they are the laziest, mean spirited, self righteous, egotistical, loud, obnoxious, and worthless examples of human beings on the face of the Earth. My 70lb Lab’s morning dump has more personality than any of these people.
12
posted on
06/03/2022 4:48:04 PM PDT
by
OHPatriot
(Si vis pacem, para bellum)
To: ChicagoConservative27
Seems to me these 5 Dem senators should put their money where their mouths are and move their managed assets to women and POC to manage.
13
posted on
06/03/2022 4:48:47 PM PDT
by
chuckee
To: ChicagoConservative27
14
posted on
06/03/2022 4:48:57 PM PDT
by
Nextrush
(FREEDOM IS EVERBODY'S BUSINESS-REMEMBER PASTOR NIEMOLLER)
To: ChicagoConservative27
15
posted on
06/03/2022 4:50:45 PM PDT
by
BenLurkin
(The above is not a statement of fact. It is either opinion, or satire. Or both.)
To: ChicagoConservative27
but what I want to know is why the nba is so black?...where's the white people?...maybe they can do some affirmative action here to make things look more like society..
right now the nba looks more like your typical southern prison.
16
posted on
06/03/2022 4:51:40 PM PDT
by
cherry
(;)
To: ChicagoConservative27
I eagerly await the mass guillotine fests we’re going to have after we finally bring to the left that which they so very truly deserve. All diversity departments get the rusty unsharpened ones.
To: ChicagoConservative27
I guess Jews are not a minority?
18
posted on
06/03/2022 4:54:59 PM PDT
by
PghBaldy
(12/14/12 - 930am -rampage begins... 12/15/12 - 1030am - Obama team scouts photo-op locations.)
To: ChicagoConservative27
Probably because they have a fiduciary duty to their clients, and don’t want them to lose their shirts.
19
posted on
06/03/2022 4:55:10 PM PDT
by
ought-six
(Multiculturalism is national suicide, and political correctness is the cyanide capsule. )
To: ChicagoConservative27
Sorry, they took the easy jobs where they got paid outrageous salaries and benefits instead of jobs in business ... they work for the government.
20
posted on
06/03/2022 4:55:21 PM PDT
by
RetiredTexasVet
(Biden not only suffers fools and criminals, he appoints them to positions of responsibility. )
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