The gender gap: Female-led management of Canadian investment dollars is still mostly non-existent [Toronto Globe and Mail (Ontario, Canada)]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Toronto Globe and Mail
The gender gap: Female-led management of Canadian investment dollars is still mostly non-existent When Kim Shannon, founder of Toronto-based Sionna Investment Managers, helped set up a female-led value investing conference in Omaha, Neb., it was a struggle just to get attention and secure sponsors. Then Warren Buffett showed up. “Within the first few minutes of the conference starting, he became our keynote speaker,” Ms. Shannon said. “It was a cause that he wanted to lend some support to.” Story continues below advertisement While the gender gap has narrowed significantly in other professions such as law and medicine, asset management is still utterly dominated by men. Roughly 9 per cent of U.S. and Canadian fund managers are male, while female-led fund firms account for less than 1 per cent of total assets under management. Doubling the latter figure is the goal of the Variant Perspectives conference, which is intended to be an annual gathering. The first conference took place two w
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