Happy Monday:
Lots of news today so I will jump right in starting with Dallas Employees Retirement Plan. As I have commented on before, CIO Cheryl Alston has come up with a unique program to give emerging managers access to ERF thereby helping her identify new talent. I wanted to share with you that Dallas ERF is hosting its quarterly open house on Thursday, September 15th in Dallas. We have two great speakers, Sylvia Bell, Managing Director of Emerging Manager program from Texas Teachers and Andrew Junkin, President of Wilshire Associates. Details can be found here: https://www.dallaserf.org/events/next-generation-managers-seminar
TXWSW’s very own Danielle Di Martino Booth has announced her new book to be published on February 14, 2016. Aptly titled, “Fed Up” Danielle shares stories from her 9 years at the Dallas Fed. This is a must read: https://www.amazon.com/Fed-Up-Insiders-Willful-Ignorance/dp/0735211655
Last week Massachusetts struck a blow against the gender gap by banning employers from asking for salary histories. This should serve to level the playing field for women and minorities by allowing them to negotiate their salary based on the experience they bring to the table and not what they have been paid in the past. Read on: https://thinkprogress.org/massachusetts-becomes-first-state-ever-to-ban-employers-from-asking-for-salary-histories-3dd99768f8fe#.xdz0vvixi
The American Bar Association has an historic vote on establishing a nationwide standard prohibiting harassment and discrimination among lawyers. The rule has been criticized by some for restricting freedom of speech in the courtroom, however, as officers of the court, is having a standard of behavior that prohibits harassment and discrimination too much to ask? The full article can be found here: http://www.nytimes.com/2016/08/05/business/dealbook/sexual-harassment-ban-is-on-the-abas-docket.html
And moving to the media, the high profile cases against Bill Cosby and Roger Ailes have given more women the courage to speak up against harassment and discrimination. Many of you will remember the Anita Hill hearings – he said/she said that went in circles – well actually there were two ‘shes’ and if the other one had been allowed to testify the whole outcome may have changed. History shows that harassment is a pattern – if someone is harassing you then you are likely not the only one. The full article can be found here: http://www.nytimes.com/2016/08/08/business/media/after-ailes-and-cosby-a-moment-for-more-women-to-speak-up.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=mini-moth®ion=top-stories-below&WT.nav=top-stories-below
OCIO Magazine did an update on its diversity study of the asset owning community. Bottom line, diversity numbers have not improved. To quote” most large public pension CIOs are still white and male, while black and Hispanic CIOs continue to be wholly absent from the biggest endowments.” The full article can be found here: http://www.ai-cio.com/lists/50-things-that-matter.aspx?index=20
The Brookings Institute takes up the Federal Reserve’s striking lack of diversity and why it matters. The full article can be found here: https://www.brookings.edu/opinions/the-feds-striking-lack-of-diversity-and-why-it-matters/
Finally, from the Olympics, women still lag men in the number of events and medal opportunities which is an issue because oftentimes the Olympics are the one place that women have an opportunity to shine (read: make a name for themselves). The full article can be found here: http://www.wsj.com/articles/at-the-rio-olympics-women-athletes-bump-against-a-gold-ceiling-1470425132
We have some fabulous events lined up for the Fall so please check out the schedule and register soon! We thank you all for your continued support as we continue to grow and look forward to seeing you all soon! Also, don’t forget to join our Facebook page and private LinkedIn Group both of which give you the opportunity to engage with your fellow members online! Please visit www.txwsw.com to learn more and register for events.