Women in finance help P&L, say IFC and Broadridge
Firms can rake in more profit and investment through having more gender diversity in their workforce, according to two separate studies from the IFC, a member of the World Bank Group, and fintech firm Broadridge Financial Solutions.
Private equity and capital venture funds with male-dominated investment teams perform up to 20% worse in terms of returns than those with gender balance, according to the IFC’s research.It found that gender-balanced senior investment teams generated 10%-20% higher returns compared to funds with a majority of male ...
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