Measuring asset managers' DEI devotion: Metrics growing as industry groups create codes, playbooks, guidance.

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    • Abstract:
      Growing demand by asset owners for detailed, transparent information about diversity, equity and inclusion practices in investment management has pushed industry groups to create a variety of DEI metrics. The 27 signatories - asset owners, money managers and investment consultants - to the code as of April 11 committed to reporting three major steps they have taken to improve their DEI practices within the first two years after signing the pledge or they will no longer be a signatory. [Extracted from the article]