Does an Ethnically Diverse Board Mean Better Stock Performance?

The $15 billion value house Ariel Investments sees diversity as a competitive advantage at a time when “the whole conversation is being turned on its head” and active managers are under pressure to perform.

‘Once-in-a-decade’ events are becoming more and more common, but avoiding them altogether is just one way of protecting portfolios. ART is building new capabilities to absorb their impact – and come back from them even stronger.

With almost 50 per cent of its nearly $100 billion FUM now internally managed, Cbus has seen fees come down and gained more control over its ever-growing portfolio. But in hindsight it “could have pushed a bit harder”.