Leading Asset Management Firms Launch Initiative to Improve Diversity of Financial Services Industry

By Nicsa posted 10-02-2018 12:00 AM


BOSTON, MA – OCTOBER 2, 2018 – “The Diversity Project,” an initiative focused on increasing diversity within the asset management industry, was launched today in North America by 14 leading financial organizations. NICSA, a non-profit trade association for the global asset management industry, is the sponsor of the Project. The goal of the Diversity Project is to accelerate progress toward a more inclusive culture across all demographics including gender, ethnicity, sexual orientation, age and disability. The Diversity Project will also focus on enhancing the financial services industry brand within higher education and developing and sharing leading practices across member firms.

“NICSA has always been dedicated to providing our industry the platform, research and resources required to build stronger businesses,” said Jim Fitzpatrick, President and CEO at NICSA. “Fostering a culture of inclusiveness is foundational to that mission, as increased diversity will ensure a more sustainable industry long-term. We are proud to sponsor the Diversity Project and champion the benefits of diversity within our member firms and across the financial services industry.”

NICSA will introduce the initiative at its General Membership Meeting on October 12 by hosting a diversity panel chaired by Dan Houlihan, Chairman of the NICSA Board of Directors and Head of Northern Trust Asset Servicing, Americas. Inspired by the success of the Diversity Project in the United Kingdom, the North American chapter will bring together professionals across the industry, including asset managers, fund complexes, asset servicers, broker dealers, asset owners and professional service firms that support the industry.

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