Friday 26 October 2018
Investment20/20, part of the Investment Association (IA), the trade body that represents asset managers, has expanded its university careers fairs and outreach programme, to more than 20 universities nationwide to attract talent from diverse backgrounds to the industry.
Investment20/20 aims to attract young people from all walks of life into the investment management industry and has previously focused on school-leavers. Following a successful one-year pilot scheme, targeting universities with students from more deprived households and a higher percentage of BAME (black and minority ethnic) students, Investment20/20 is amplifying the industry’s call for the very best students, regardless of their background.
Investment20/20 has selected 21 universities, mostly former polytechnics, from across England, including Coventry University, University of Northampton and London Metropolitan University, whose students will be encouraged to consider a career in asset management. Many of the universities targeted are at the top of the 2019 Sunday Times Good University Guide’s social inclusion rankings, and London Metropolitan University is second, with 96.5% state school students and 37.6% black students.
Investment20/20 is now showcasing the asset management industry at more university careers fairs than ever before, to attract diverse and ambitious young people. Guest lectures and panel discussions are just some of the many methods Investment20/20 will be using to make the asset management industry more accessible and representative of the savers and investors it serves.
Chris Cummings, Chief Executive of the Investment Association, said:
“The expansion of Investment20/20 to new universities shows that the asset management industry is committed to improving diversity and becoming more accessible.
“I want asset management to be a career option open to everyone. As someone who grew up in a working class family in Yorkshire and was the first in my family to go to university, I know that barriers exist to a career in the City. That’s why I’m delighted that Investment20/20 continues to grow from strength to strength, building bridges to reach those furthest away from the industry.
“The evidence is clear: a diverse management team and a strong pipeline of talent makes for better decision-making. Not only is broadening Investment20/20’s horizons the right thing to do, it will also be good for firms’ bottom lines.”
Karis Stander, Managing Director of Investment20/20, said:
“The roll-out of Investment20/20’s programme to new universities will allow the asset management industry to reach young people who have too often been shut out of careers in financial services and the City of London.
“Some of the things we hear from students right across the country are: ‘I haven’t studied the right subject’; ‘firms won’t recruit from this university’’; or ‘there are no people who look like me who work in the City’. We will be working hard at our careers fairs and other university events to break-down these misconceptions of asset management and ensure that a diverse range of young people feel welcome in our industry.”
Notes to Editor:
The Investment20/20 university rollout will include the following institutions:
1. Anglia Ruskin University
2. Bath Spa University
3. Coventry University
4. Coventry University London
5. Goldsmiths, University of London
6. University of Greenwich
7. Kingston University London
8. London Metropolitan University
9. London South Bank University
10. Manchester Metropolitan University
11. Oxford Brookes University
12. Queen Mary University of London
13. Southampton Solent University
14. University of East London (UEL)
15. University of Hertfordshire
16. University of Leicester
17. Middlesex University London
18. University of Northampton
19. University of Salford
20. University of West London
21. University of Westminster
For further information, please contact:
Ben Rathe, Senior Communications Manager: firstname.lastname@example.org
T +44 20 7269 4655
David Parton, Communications Executive: email@example.com
T +44 (0)20 7269 4625
Key statistics about Invetsment20/20:
For more details about Investment2020 visit: https://investment2020.org.uk/
About the Investment Association (IA):