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Increase the numbers of women and people of color in the U.S. investment industry and the amount of assets they manage. 

Our 
Vision

Our
Goal

Our 
Truth

33% of assets under management (AUM) managed by gender-diverse and racially-diverse fund management teams by 2033.
More women and people of color at capital allocation tables will lead to economic growth, higher returns, and systemic change.

WTW’s 2020 analysis looked at 400 products across a number of asset classes over several years, including benchmark-relative returns and found “investment teams with diversity, in particular ethnic diversity, tend to generate better excess returns.” and a 2023 WTW analysis found investment teams in the top quartile of gender diversity outperform those in the bottom quartile by 45 basis points per year. 

THE evidence is clear.

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EXPERTS AGREE

 A 2021 Vanguard study of 2,600 US active equity funds found mixed-gender teams outperform the benchmark by 38.9 basis points per year. A 2018 study in Harvard Business Review looked at the diversity of thousands of venture capitalists and found that if VC teams had shared ethnicities, their success rates were lower by 26.4% to 32.2%. 

Diverse TEAMS OUTPERFORM.

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IT's TIME FOR CHANGE.

 Women comprise just 14% of fund managers globally—a number that hasn’t changed in 20 years. People of color comprise just 22% of the investment industry workforce, despite being more than 40% of the US population. Only 1.4% of US-based assets are managed by diverse-owned firms. 

DIVE INTO THE DATA

Read The XX Edge and discover the power of diverse investing. This book compiles all the best evidence illustrating why diverse investing teams deliver higher returns while reducing risk. 

PURCHASE

THE FINANCIAL COMMUNITY IS SPEAKING. 

Don't just take our word for it 

- Kristin Hull
Founder, CEO Nia Impact Capital

“Gender-diverse teams outperform. The XX Edge details why and how having women in investment rooms is critical to building portfolios that drive doing well and doing good. Thank you for getting this important content into the world.”



- Brent Kessel
Cofounder of Abacus Wealth Partners and Author of It’s Not About the Money

"This clear and compelling book shares robust research and real world examples which demonstrate that greater gender inclusion leads to a larger opportunity set, paving the way for higher returns on one’s capital. Investing is not a zero-sum game: female investment managers, asset owners, and corporate managers can dramatically increase our collective financial results.” 


- Matt Patsky
CFA, CEO, Trillium Asset Management

"I have been working to bring more women and people of color to financial decision-making tables for 30 years. While Trillium has made great progress, the financial services industry has been slow to embrace diversity. Therefore, I fully support the Collective’s 33 x 33 goal and their strategy to have asset owners and allocators call for more diverse teams to manage their money. This is critical to accelerating social change that drives outperformance."




-Elaina Spilove, CIMA, Institutional Consultant, UBS

“During my 35+ years in the investment consulting business, too often I found myself to be the only woman in the room. For this and many other reasons, I became part of the solution and joined the Advisory Board of the Diverse Investing Collective. Their mission and purpose not only provides a clear goal to get more women and people of color into the business but provides solid strategies to see tangible change. The time to do the right thing and move the needle is now.”