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Women still an overlooked asset in the world of managing money | Business

Progress towards gender parity in asset management has stalled, according to a report that suggests more than seven in eight money-managing roles are still occupied by men.

After a modest acceleration in senior fund management roles going to women last year, progress has “ground to a halt”, an annual study by Citywire, the funds industry data provider, has found. It also says women are appointed to run only one in ten new funds, while the average size of the funds they manage has shrunk by 13 per cent in the past year, compared with an 8 per cent fall for male-managed funds.

The percentage of women in money-managing roles worldwide has risen from 11.7 per cent to 12 per cent in the past year and

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