Tag: Peterson Institute for International Economics

Asset managers support shareholder proposals for board diversity—will it make a difference?

There’s been chatter about board gender diversity for a long time and, while there has been some modest progress, we have yet to see any dramatic breakthroughs. Now some of the largest asset managers are not just talking the talk, they are also walking the walk.  Will it make a difference?  Time will tell.

Board gender diversity? Hedge fund activists fail miserably but women-led businesses fare better

by Cydney Posner As reported earlier this year on Bloomberg, when activists seek to replace directors at target companies, they rarely look to women.  Bloomberg analyzed data regarding five of the biggest U.S. activist hedge funds, each managing at least $18 billion in assets. The data showed that, since the […]