Fund managers come together to promote women

women in finance Plato Investment Management Pinnacle Investment Management university of queensland scholarships Ian Macoun Don Hamson

22 February 2019
| By Oksana Patron |
image
image
expand image

Aspiring women in finance are set to benefit from the partnership of two fund managers, Plato Investment Management and Pinnacle Investment Management, and the University of Queensland under which they will provide nine $5,000 scholarships and nine internships to support exceptional undergraduate students in 2019.

The move was driven by significant need for change to address a considerable underrepresentation of women in the sector.

“Investment management is a global industry, and the diversity of our people, ideas and experiences is just as important for success as the diversity of our funds,” Plato’s managing director, Don Hamson, said.

“There are nowhere near as many women in finance ad there ought to be, which means we need to do more and quickly.

“We see our partnership with UQ as an important step towards empowering talented students to join the profession and creating a more sustainable and equitable future for our industry.”

Pinnacle’s managing director, Ian Macoun, said he hoped the combination of financial and practical support would help students to fast-track their careers.

“We hope our scholarships will encourage young women to consider investment management as a career path, and our internships will help them get a foot in the door and gain the experience and connections they need to get started,” he said.

The eligible students could apply for one of nine $5,000 Women in Finance scholarships until 1 march, 2019.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

James Patterson

How much did IRESS pay Deloitte for this analysis? Not sure they are the arbiter of intelligent forecasting in this spac...

22 hours ago
Howard Elton

Article makes no comment that the advisers leaving industry are older and have many years of work an life experience w...

2 days 5 hours ago
Peter Robinson

This article appears to overlook the fact that there must be a fairly large group of advisers who missed out on the expe...

2 days 5 hours ago

ASIC has secured travel restraint orders against a financial adviser while he is the subject of an investigation into alleged financial misconduct....

4 days 23 hours ago

Insignia Financial has unveiled a new operating model and executive team, including a new head of advice, while three senior executives are set to depart the licensee....

2 weeks 2 days ago

Analysis by Chant West of the annual performance of growth superannuation funds has uncovered which ones see the best performance....

1 week 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Ardea Diversified Bond F
144.00 3 y p.a(%)
3
Hills International
63.39 3 y p.a(%)