{"id":649864,"date":"2017-03-12T04:13:43","date_gmt":"2017-03-12T04:13:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/facing-down-the-bull-of-wall-street\/"},"modified":"2017-03-12T04:13:43","modified_gmt":"2017-03-12T04:13:43","slug":"facing-down-the-bull-of-wall-street","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/facing-down-the-bull-of-wall-street\/","title":{"rendered":"Facing down the bull of Wall Street"},"content":{"rendered":"

Our favorite thing of last week: State Street\u2019s statue of a young girl about the same <\/strong>age as our resident nine-year-old, staring down the famous bull of Wall Street. <\/strong>As part of its drive to see more women in c-suites and on corporate boards (among other gender equity issues), the world\u2019s third-largest asset manager pulled off a piece of guerilla art last week for International Women\u2019s Day. The statue commissioned by State Street Global Advisors (SSGA, which has about USD 2.5 bn in AUM) became a viral sensation \u2014 and had us smiling since we first saw it toward the end of last week. SSGA deputy chief investment officer Lori Heinel says the firm wants to see at least one female board member at every company in which it invests, telling Business Insider, \u201cThere has been a lot of discussion on this topic, but the needle hasn't moved materially. We're not going to always automatically vote against the company, but we want to make sure there are tangible, concrete measures they are taking.\u201d Read the State Street press release<\/strong><\/a>, tap the link above to check out a cool New York Times <\/strong>Instagram video<\/strong><\/a>, meet the artist behind the statue<\/strong> (WSJ, paywall<\/a>) and join us in being happy that New York City officials have extended the statue\u2019s permit<\/a> to 30 days from the original one week as a movement grows to have it become a permanent thing.<\/p>\n

Oh, and get this: Hedge funds run by women have outperformed<\/strong> \u201ca broader benchmark of alternative investment managers over the past five years but fewer than one in 20 hedge funds employ a woman as a PM. The Financial Times<\/a> has more.<\/p>\n","protected":false},"excerpt":{"rendered":"

Our favorite thing of last week: State Street\u2019s statue of a young girl about the same age as our resident nine-year-old, staring down the famous bull of Wall Street. As part of its drive to see more women in c-suites and on corporate boards (among other gender equity issues), the world\u2019s third-largest asset manager pulled […]<\/p>\n","protected":false},"author":1,"featured_media":649865,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"1349f226-9b1c-4b41-bdf7-080e5c890f5b","order":"0","is_powered_by":true,"section_story_id":"0e1d7854-9889-4c5a-9182-d18e93d82c03","story_type":"1","photo_url":"https:\/\/ent.news\/2017\/3\/660.jpg","photo_position":"above","related_issue":[649861],"teaser":"","voice_url":""},"yoast_head":"\nFacing down the bull of Wall Street - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/facing-down-the-bull-of-wall-street\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Facing down the bull of Wall Street\" \/>\n<meta property=\"og:description\" content=\"Our favorite thing of last week: State Street\u2019s statue of a young girl about the same age as our resident nine-year-old, staring down the famous bull of Wall Street. 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The statue, commissioned by fund manager State Street Global Advisors (press release) as part of its campaign to get more women on corporate boards and unveiled on International Women\u2019s Day, was\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1169.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599824,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/what-were-tracking-on-13-january-2019\/","url_meta":{"origin":649864,"position":1},"title":"What we\u2019re tracking on 13 January 2019","author":"enterpriseam admin","date":"13 January 2019","format":false,"excerpt":"You want to pack this morning with nasty weather in mind. Depending on who you want to believe, we\u2019re looking at a cold (high of 16\u00b0C) and intermittently windy day that could bring with it a sand storm and \/ or rain.The 2019 investor conference season gets underway this morning\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599515,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/what-were-tracking-on-02-january-2019\/","url_meta":{"origin":649864,"position":2},"title":"What we\u2019re tracking on 02 January 2019","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"Happy New Year, friends, and welcome to 2019. 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We\u2019re all getting a little antsy in anticipation of the long Eid El Fitr weekend, which could start on Tuesday or Wednesday, depending on how hopeful you are.In the meantime, a few\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598206,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/19\/what-were-tracking-on-19-may-2019\/","url_meta":{"origin":649864,"position":4},"title":"What we\u2019re tracking on 19 May 2019","author":"enterpriseam admin","date":"19 May 2019","format":false,"excerpt":"Will the EGP break the psychologically important 17.00 barrier this week? The EGP continued to appreciate against the USD last week, reaching 17.0983 on Thursday from 17.1778 on Sunday, according to central bank data. The CBE\u2019s buying price, meanwhile, slipped below EGP 17 on Wednesday. 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