Insights

(FT) Juggling babies, parental leave and an investment record

[Excerpt] “…research by Morningstar this week showed there were more UK funds run by managers called David than by women.”

This article from FT explores the value of investment track-records, difficulties women face in building investment track-records, and the strategies various leaders and firms are taking to increase diversity in investment teams.

Breaks of any kind – including maternity leave – disrupt investment track-records. It can be difficult to bounce-back. But from our perspective, that difficulty only affects those who have already achieved rank to make investment decisions. Investment managers which seek to advance women in investment roles must address issues which funnel women away from the investment track AND make considerations which allow talented women investors to continue in their career while juggling multiple demands and taking needed breaks.

(Markets Insider) Low recession risk, faster growth, and unemployment at a 70-year low — here are Goldman Sachs’ predictions for the US economy in 2020

With many fearing a recession on the horizon, it is refreshing to hear that Goldman is optimistic about 2020. There are several factors noted in the article including consumer spending and the trade war eventually subsiding. The risk of a recession seems less likely in the near-term.