Fund managers urged to tackle 'severe' diversity issues

An asset owner-devised group charter will target fund managers of UK pension schemes

Hope William-Smith
clock • 2 min read
Fund managers urged to tackle 'severe' diversity issues

Some of the UK’s largest pension funds have launched a charter calling on their fellow schemes to help tackle a lack of diversity across the fund management industry.

Major asset owners - together managing total £125bn of assets - have today (2 August) formed the Asset Owner Diversity Working Group (AODWG), which will be co-chaired by Lothian Pension Fund (LPF) ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

UK inflation jumps higher than forecast to 3.5% in 'dose of reality'

UK inflation jumps higher than forecast to 3.5% in 'dose of reality'

Interest rate hike ‘likely’

Michael Nelson
clock 21 October 2026 • 2 min read
News Digest: Pensions invest £11bn in UK private markets despite challenges

News Digest: Pensions invest £11bn in UK private markets despite challenges

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 21 October 2026 • 1 min read
Buzz: Are you concerned tax relief changes could mandate investment in UK assets?

Buzz: Are you concerned tax relief changes could mandate investment in UK assets?

Tax relief changes, DWP terminal illness definition, hybrid asset ownership model, AI adoption

Professional Pensions
clock 20 October 2026 • 1 min read
Trustpilot