Diversity Project Europe – DEI beyond borders

We will initially focus on Europe’s key asset management markets and three themes – gender equality, social mobility and inclusive culture – seeking to facilitate change through voluntary collaboration and knowledge sharing.

We envision the European asset management industry as a European leader in diversity, equity, and inclusion (‘DEI’) by fostering cultures that value all aspects of diversity, including diversity of thought, gender diversity, social mobility, and inclusion

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Our businesses will better reflect both society at large, and the individuals who trust us with their money
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Our people will create better financial outcomes to benefit our diverse savers and investors
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We will attract more interest in the industry, with a pipeline of diverse talent

Our purpose is to equip and enable the industry with the capabilities required to navigate the accelerating pace of change. A confluence of secular trends, including technological advancements, the rising prominence of ESG and CSR, evolving regulations, and the individualisation of savings, is set to transform the asset management landscape over the next decade. By embracing and integrating various aspects of diversity and fostering a more inclusive culture, the industry will be better positioned to harness these trends, drive meaningful change, and continue to thrive while serving its stakeholders effectively.

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Facilitate change through cross-border co-operation
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Improve transparency within the industry around DEI data
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Build a pipeline of talent and help make asset management more representative of society
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Improve the reputation of the European asset management industry

We support building company cultures, where employees can bring their full self to work and operate in an environment allowing them to thrive to their full potentials. These inclusive environments will leverage all aspects of diversity to drive innovative problem-solving, creativity, and collaborative efforts, resulting in better decision-making and performance.

The DPE also aims to help the industry become more representative of society by casting a wider net in the search for diverse talent. By fostering a more inclusive recruitment strategy, the asset management industry should be able to attract a broader range of talent, creating a more dynamic and innovative workforce. This not only enhances the industry’s ability to meet future challenges but also ensures it becomes an attractive destination for the talent necessary for long-term success and sustainability.

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Gender Equality
How to achieve a more gender balanced workforce at all levels
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Social Mobility
How to recruit, retain and promote a more socially diverse talent pool
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Inclusive Culture
How to create an environment which appeals to a more broadly representative workforce
Phase 1: Foundation and Awareness (2023-2024)
  • Launch: Officially start the DPE  with a clear declaration of its mission and values to potential members and  the public.
  • Membership Drive: Enlist founding  members and define member benefits and responsibilities. Get new members  onboard.
  • Initial Research: Conduct  comprehensive industry-wide research to benchmark current DEI practices.
Phase 2: Expansion and Engagement (2024-2025)
  • Educational Initiatives: Develop and  disseminate educational materials that highlight the benefits of DEI.
  • Collaborative Projects: Launch  cross-border projects that allow members to implement and test DEI strategies  in different cultural contexts.
  • Best Practices and Standards: Start compiling a 'best practices' guide from member contributions and research  findings.
  • Get new members onboard.
Phase 3: Integration and Innovation (2025-2026)
  • Policy Development: Enable members  in developing or refining DEI policies using insights gained from previous phases.
  • • Award and Recognition Programs: Establish recognition programs to highlight and reward successful DEI  initiatives within the industry.
  • Continual Learning and Adaptation: Implement a feedback loop to continually update practices based on new research and member experiences.
  • Get new members onboard.
Team Group discussion

About us

The Diversity Project Europe is a cross-border and cross-company initiative championing a truly diverse and inclusive European asset management industry with the right talent to deliver the best possible financial outcomes for our clients, to reflect the society we serve and ultimately build more sustainable businesses.

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How we operate

Governance Structure

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Advisory Council (AC)

Appointed during the AGM, and appoints/instructs The Board in turn.
CEO/C-suite of the members
Every founding member is entitled to appoint a representative on the AC, going forward every member is entitled to nominate a representative on the AC
All competencies (for which the AGM is not competent) which benefit the DPE (incl. responsible for defining and setting out the strategy of the DPE)
Appoints the members of the Board
Advisory Council Members
Bas NieuweWeme
Aegon
AM
Craig
Blair
Franklin
Templeton
Isabelle Bourcier
HSBC
AM France
Marion Le Morhedec
AXA Investment Managers
Nigel
Cresswell
Quoniam AM
Kasper Elmgreen
Nordea AM
Raymond Sagayam
Pictet AM
Tim
Koslowski
T Rowe Price
Ric van Weelden
DPE

The Board

Appointed by and reports to the Advisory Council.
Responsible for the implementation of the strategy set by the AC, and all communications including PR, website and social media.
Supervises and coordinates all Workstreams and the Steering Committee. It can do so directly or through the use of a pro bono or paid for resource identified by the Board.
Appoints the SC and the Workstreams upon recommendation of members
Board Members
Camilla Udd
Quoniam AM
Isabelle Brancart
HSBC
Jerome
Broustra
AXA IM
Linda
Russheim
DPE,
DP UK
Nancy
Rowe
Franklin
Templeton
Zahra Sheikh
Pictet Group

Steering Committee

Appointed and supervised by the Board.

The people for these groups will be appointed shortly.
Consists of representatives of all members and head of all Workstreams
The SC can be a member of one or more Work Streams, while all members are entitled to be represented on all WorkStreams
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Workstreams

Appointed, supervised and co-ordinated by the Board. Workstream members can be part of the Steering Committee.
The people for these groups will be appointed shortly.
Workstreams comprise employees of member firms who are passionate about a specific aspect of diversity or inclusion.
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Apply as a member firm today and let us know how you can help.
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