Asset management is one of the most important industries in SA, responsible for safeguarding for overseeing the savings of millions of workers across SA. Is it right that 27 years after the advent of democracy that black-owned managers are largely left out, accounting for just 9% of assets? Is that number a true reflection of what is happening in the industry given other transformation efforts in the sector? Nevertheless, there is broad agreement that the sector can do more to achieve a more equitable racial and gender balance.
- 5th March 2021
- By 27four Investment Managers