Happy Monday:
To begin, KPMG released its annual Women in Alternative Investments report which always makes for good reading and can be found here: https://home.kpmg.com/us/en/home/insights/2016/12/women-in-alternative-investments-report.html utm_source=external_push_WAI_report&utm_medium=email&mid=M-00002102&utm_content=women_in_alternative_investments_1&utm_campaign=C-00032679&cid=C-00032679 The survey outlines were progress is being made in finance and what would have to happen to close the (rather large) gender gap. If you don’t have time to read the full report, Business Insider did a great synopsis which can be found here: http://www.businessinsider.com/kpmg-annual-study-on-women-in-alternative-investing-2016-2016-12
I would also invite our members to join TXWSW in January in Dallas – KPMG will be presenting the findings of their report and opening a dialogue with attendees regarding the state of the industry. More details about the event may be found here: https://txwsw.com/join-txwsw-dallas-discussion-around-2016-kpmg-women-alternatives-report/
This month the Harvard Business Journal focused on answering the question “where are all the women?” with a series of eye opening articles. The first notes the almost complete absence of female CEOs in the 886 companies surveyed. HBR notes that this cannot just be a case of women leaning out, and that the bigger reason is gender bias – the hiring of a male CEO represents a safer choice. The full article can be found here: https://hbr.org/2016/11/where-are-the-women
The second article details a study of partners at a large law firm and how their political affiliation influenced how they allocated bonus pool funds to men and women. Their findings make for fascinating reading: https://hbr.org/2016/12/do-conservative-managers-give-smaller-bonuses-to-women
Finally from HBR, on the subject of mentorship, a great article to share with all the men in your network: 1) Advice on how men can do a better job mentoring women: https://hbr.org/2016/12/men-can-improve-how-they-mentor-women-heres-how
2) Men who champion women: https://hbr.org/2016/12/the-men-who-mentor-women
Next, Lynn McBee, Executive Director of the Young Women’s Preparatory Network gave a TED talk at SMU recently on the power of all-girls education and the impact the YWPN schools are having on underserved girls across Texas by helping them not only achieve their goal of getting to college, but helping them graduate with a degree. Lynn is nothing short of inspirational herself, so please take 10 minutes out of your day to listen to her talk and understand why TXWSW is so fortunate to collaborate with YWPN: https://www.youtube.com/watch?v=DdWgG-6UheA&feature=youtu.be
Lastly, I want to invite you all to join us on Thursday, March 9th in Dallas for our annual State of the Markets event which supports YWPN. This year, in addition to a line-up of dynamic allocators discussing their investment thesis for 2017, Danielle DiMartino Booth of Money Strong and Dr. Lev Borodovsky of the Daily Shot will join us. You will not want to miss this event! The details can be found here:https://txwsw.com/8th_annual_investment_outlook_panel_state_of_the_market_trends_and_outlook_2017/