Friday 7 December 2018
The Investment Association (IA), the trade body that represents asset managers, has launched Think Investments, the latest initiative from Investment20/20 which will enable young people from diverse backgrounds to access career opportunities within the asset management industry.
Investment20/20 has selected 65 state-educated students through the charity Career Ready to take part in its inaugural Think Investments programme, which through a series of interactive masterclasses will help these students apply for jobs and trainee roles at asset management firms.
In line with Investment20/20’s strategy to attract a diverse pool of talent into the investment industry, the first cohort of students, taken from schools and colleges in and around London, represents a range of backgrounds; a third are female and over half are from BAME backgrounds - of these a third identify as black.
Hosted by BNY Mellon, Jupiter Asset Management, LGIM, Rothschild, Schroders, and Barings, the Think Investment masterclasses take place over the next six months and are designed to help these young people hone their application and interview skills. The masterclasses will cover topics such as: success at interviews and assessment centres, effective communication and networking and culminated in a one-day work-shadowing placement for every student.
December’s masterclass, hosted by Jupiter Asset Management, will provide an introduction to asset management.
Chris Cummings, CEO of the Investment Association said:
“I’m delighted to see the growth of Investment20/20 and look forward to seeing these talented young people take their first step into asset management careers due to the support of the Think Investments programme.”
“I want asset management to be a career option open to everyone with potential regardless of their background, yet I know that applying for your first job can be a daunting process. We need to enable young people, especially those who are furthest from our industry, to overcome the first hurdle of entering the world of work by providing them with the necessary skills to succeed during the application process.”
Commenting on the launch of Think Investments, Karis Stander, Managing Director of Investment20/20, said:
“We are spreading our net further than ever before to reach those young people who have the ability to the flourish in the asset management industry, but who may have never considered a job in financial services. Providing students with the skills to navigate the application and interview process is key to opening up the talent pipeline and ensuring that the asset management industry reflects the diverse background of the savers that we serve.”
For further information, please contact:Helen Ayres, Media Relations Manager: Helen.Ayres@theia.org
About the Investment Association (IA):