NEPC’s Nedelina Petkova was featured in the June issue of Emerging Manager Monthly which focuses on our new Diversity, Equity, and Inclusion rating system for investment managers. View the article on Emerging Manager Monthly’s site here.
Investment consultant NEPC has incorporated a new Diversity, Equity, and Inclusion rating system for investment managers as part of its efforts to move the needle.
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“We think [this is] another way for us to push the industry forward and really fundamentally believe that diversity of the investment teams allows for better decision-making and outcomes… that’s exactly what we think our role is as consultants and as investors,” said Nina Petkova.
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“This isn’t just an exercise in us looking at the demographic of the employee base and assigning a score. We are doing a deep dive on evaluating DEI efforts at our managers, both on a firm level and also on a strategy level. We’re focusing on diversity stats, both only across the entire employee base through EEO1s, but also on the leadership team and the investment teams. We’re also measuring the firms’ progress in evaluating if they have the right mechanisms to measure their own progress. We’re assessing the resources that they have at the firm dedicated to diversity efforts. And lastly, we’re looking at their engagement, both inside the organization and outside of the walls of the firm, including their diverse supplier policies and brokerage relationships. And so, like I said, I believe this will fundamentally change the way in which clients utilize DE&I to ultimately make more informed decisions,” she said.
Click here to continue reading the full Emerging Manager Monthly article.