LEADER 04910oam 2200577 450 001 9910554498903321 005 20211207175504.0 010 $a0-231-55153-3 024 7 $a10.7312/carr19588 035 $a(CKB)4100000011985834 035 $a(MiAaPQ)EBC6390106 035 $a(DE-B1597)600409 035 $a(OCoLC)1233023655 035 $a(DE-B1597)9780231551533 035 $a(PPN)266304478 035 $a(EXLCZ)994100000011985834 100 $a20210730d2021 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aUndiversified $ethe big gender short in investment management /$fEllen Carr and Katrina Dudley 210 1$aNew York, New York :$cColumbia University Press,$d[2021] 215 $a1 online resource $cillustrations 225 0 $aHeilbrunn Center for Graham & Dodd Investing Series 320 $aIncludes bibliographical references and index. 327 $tFrontmatter -- $tDisclaimer -- $tContents -- $tPrologue -- $tPart One. The Industry, the Jobs, and the Gender Imbalance. A Reading Roadmap Based On Your Background -- $tIntroduction -- $t1. An Overview of the Active Investment Management Industry -- $t2. What Is a Portfolio Manager, and Why Would Anyone Want to Become One? -- $t3. Representation of Women in Investment Management -- $tPart Two. Diagnosis of IM?s Gender Imbalance -- $tIntroduction -- $tDebunking the Myths -- $tA Note About Our Primary Research -- $t4. Why Don?t Women Choose Investing Careers? The Undergraduate Pipeline -- $t5. Why Don?t Women Choose Investing Careers? The MBA Pipeline: Columbia Business School as a Case Study -- $t6. Looking Inside Investment Management: Identifying Barriers to Women?s Advancement -- $t7. Your Portfolio Is Balanced?Your Life Can Be, Too! Debunking the Work?Life Balance Myth in IM -- $t8. The Constellation: Discussions with Successful Women in Investment Management -- $t9. How Did We Succeed in Investment Management? Our Different Paths to Successful IM Careers -- $tPart Three. Solutions to Investment Management?s Gender Imbalance -- $tIntroduction -- $t10. Solutions: Widening the IM On-Ramp -- $t11. Solutions: Retaining and Promoting Women in IM -- $t12. Solutions: The Role of Allocators -- $tConclusion: Our Money Management Manifesto -- $tAcknowledgments -- $tAppendix: Organizations Mentioned in This Book -- $tNotes -- $tGlossary -- $tIndex 330 $aDiversification is a core principle of investing. Yet money managers have not applied it to their own ranks. Only around 10 percent of portfolio managers?the people most directly responsible for investing your money?are female, and the numbers are even worse at the ownership level. What are the causes of this underrepresentation, and what are its consequences?including for firms? and clients? bottom lines?In Undiversified, experienced practitioners Ellen Carr and Katrina Dudley examine the lack of women in investment management and propose solutions to improve the imbalance. They explore the barriers that subtly but effectively discourage women from entering and staying in the industry at each point in the pipeline. At the entry level, the lack of visible role models discourages students from considering the field, and those who do embark on an investment management career face many obstacles to retention and promotion. Carr and Dudley highlight the importance of informal knowledge about how to navigate career tracks, without which women are left at a disadvantage in an industry that lionizes confidence. They showcase a diverse constellation of successful female portfolio managers to demystify the profession.Drawing on wide-ranging research, interviews with prospective, current, and former industry practitioners, and the authors? own experiences, Undiversified makes a compelling case that increasing the number of women could help transform active investment management at a time when it is under threat from passive strategies and technological innovation. 606 $aInvestment advisors 606 $aPortfolio managers 606 $aWomen in finance 606 $aPortfolio management$xSocial aspects 606 $aFinancial services industry$xVocational guidance 606 $aSex discrimination in employment 615 0$aInvestment advisors. 615 0$aPortfolio managers. 615 0$aWomen in finance. 615 0$aPortfolio management$xSocial aspects. 615 0$aFinancial services industry$xVocational guidance. 615 0$aSex discrimination in employment. 676 $a332.6 700 $aCarr$b Ellen$c(Portfolio manager),$01218353 702 $aDudley$b Katrina 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bUtOrBLW 906 $aBOOK 912 $a9910554498903321 996 $aUndiversified$92817473 997 $aUNINA