BNY Mellon Investment Management

Global fund managers are missing out on USD 3 tn over gender imbalances + Facebook waves goodbye to stablecoin plans

The global fund management industry missed out on some USD 3 tn in investments because of gender imbalances in investment participation, which “overwhelmingly targets men,” analysis commissioned by BNY Mellon Investment Management showed, according to Bloomberg. Gender bias tends to be common in fundraising for women-led businesses as well, with women founders raising less funding…