Socio-economic background and ethnicity appear to be the next frontiers of diversity in the private wealth sector, according to respondents of PAM Insight’s inaugural Diversity & Inclusion (D&I) Survey.
The overwhelming majority of respondents to the PAM 2020 Diversity & Inclusion Survey, carried out in April and May, said that people working in the sector were lacking diversity in terms of socio-economic background, with 81.9 percent either agreeing or strongly agreeing with this sentiment.
A high proportion also believe different ethnicities were poorly represented, with 68.2 percent agreeing or strongly...