The massive “inter-gender” transfer of wealth is going to create a big systemic change in finance, according to Amy Clarke, co-founder of Tribe Impact Capital.

She told attendees of the 2019 PIMFA Wealth of Diversity conference held in London this week that by 2025 over 60 percent of the wealth in the UK and US will be in the hands of women. 

Many people talk about the intergenerational transfer of wealth but not many talk about the inter-gender transfer, she said. 

However, although “huge change is coming” only one in five small and medium-sized enterprises (SMEs) in the U...