IMPACT Newsletter – November 2019

It has been another busy month for Leverton and IMPACT.

Last week we co-hosted an event with Investec Asset Management (soon to be Ninety One) on the topic of Organisational Culture. Please see the event write up in a separate article.

On Wednesday evening, the team attended the Women in Investment Awards 2019 where Leverton were finalists in the Gender Diversity Category. Although this year we didn’t see a win, I’d like to extend my congratulations to all the well-deserved winners on the night. It was a great evening and it was fantastic to see so many women being recognised for their contribution to Investment Management.

Here is our top news this month…

Goldman Sachs’ gift to its fathers

A positive step forward for the Banking industry with Goldman Sachs and Bank of America allowing equal leave for all new parents, irrespective of gender or caregiver status. The longer leave will also encompass those who have adopted. This came into action within the first week of November and I hope to see other companies with outdated paternity policies taking similar action.

Read here


Top London fund manager accused of groping and sexual harassment

It was disheartening to read the news about the sexual harassment claims surrounding an M&G Fund Manager. We must support our female co-workers in coming forward and not allow them to feel bullied into silence.

Read here


Women still sacrifice personal happiness for professional brilliance

An all too familiar article surrounding the gender pay gap. Research has shown that women are more likely than men to prioritize caring for family over their profession, a fact that seems to drive the global gender pay gap. Women who make it to the top of their professions have often had to make personal sacrifices in order to excel, while their male counterpart seemingly do not have to choose between one and the other. Statistics show that social conditioning is leading women and men to make decisions unconsciously that perpetuate this trend.

Read here


Lauren Simmons Is the Wolfette of Wall Street

Lauren Simmons, the youngest female trader at the New York Stock Exchange, interviews her idol, Suzanne Shank, a 30-year veteran of the finance industry. A fascinating dialogue about their individual journeys to success and the truth of the “boys club” nature of the trading floor.

Read here


Women Desert Trading Floors as Bias Blocks Path to Management

Following on from the previous article, Bloomberg has been discussing how women are being pushed out of the industry through bias and blocking from male colleagues.

Read here


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