Morgan Stanley Announces “The Equity Collective” a Diversity-Driven Collaboration Between 23 Wealth and Asset Management Firms
17 Novembro 2021 - 11:00AM
Business Wire
- The Equity Collective is dedicated to educating, empowering
and developing the next generation of diverse leaders in the
industry
- Members have entered into a multi-year commitment
- Includes exclusive sponsorships with Boys & Girls Clubs
of America, HIVE Diversity and Team IMPACT
Morgan Stanley today announced the launch of The Equity
Collective, an industry leading group of Wealth Management and
Asset Management businesses who have come together to educate,
empower and develop the next generation of diverse leaders in the
finance industry. The Equity Collective is composed of 23 members.
Senior leaders across each member organization have agreed to
participate in education and awareness events and initiatives in
this multi-year commitment. Spearheaded by Morgan Stanley, members
include American Century Investments, BNY Mellon Investment
Management, Columbia Threadneedle Investments, Diffractive Managers
Group, DWS, First Eagle Investment Management, Franklin Templeton,
FS Investments, Goldman Sachs Asset Management, Hartford Funds,
Invesco, Janus Henderson Investors, John Hancock Investment
Management, Macquarie Asset Management, Morgan Stanley Investment
Management, Natixis Investment Managers, New York Life Investments,
Nuveen, PGIM Investments, PIMCO, Putnam Investments, T. Rowe Price
and Virtus Investment Partners.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20211117005418/en/
Research conducted via Morgan Stanley’s Investor Pulse Poll1
found that among diverse groups of high-net-worth investors and
entrepreneurs, finance repeatedly took the top spot as the industry
that could most impact racial inequality. “By banding together, we
can be a force multiplier to impact our industry in a meaningful
way,” says Andy Saperstein, Co-President of Morgan Stanley and Head
of Morgan Stanley Wealth Management. “The Equity Collective is
committed to investing early in under-represented communities,
focusing our efforts on increasing the pool of interested and
qualified people that consider a career in financial services.”
A study by Mercer2 concluded that Black and Latino students’
interest in working in financial services crystallizes during high
school, versus college years for white students. For that reason,
The Equity Collective has established three key sponsorships to
generate a spark of interest in finance in young people: Boys &
Girls Clubs of America, Team IMPACT and HIVE Diversity.
With a focus on creating awareness and demystifying financial
service career opportunities in order to break barriers while
reaching future motivated leaders where they are, The Equity
Collective will dedicate resources to Boys & Girls Clubs of
America’s CareerLaunch, a job-readiness and career launch program
with the ability to reach 4.6 million youths ages 13 to 18 years
old. The work with Team IMPACT will focus on supporting college
athletes as they grow into empathetic leaders through community
engagements. In working with virtual recruiting platform HIVE
Diversity, members will engage with next generation talent
representing an ever-evolving range of diverse backgrounds and
experiences; HIVE focuses on internship and entry-level placement
opportunities, as well as building earlier and more equitable
pipelines through virtual programming to expose all candidates to
careers that exist within the industry.
“We recognize our industry must do more to reach diverse talent.
We are dedicated to increasing access for young talent and
proactively raising awareness about the incredible opportunities in
our field,” says Margaret Flynn-Martin, Head of Relationship
Management, Morgan Stanley Wealth Management. “Finding established
organizations to do that with in order to move with intention and
speed was one of our primary goals.”
Morgan Stanley (NYSE: MS) is a leading global financial services
firm providing investment banking, securities, investment
management and wealth management services. With offices in more
than 41 countries, the Firm's employees serve clients worldwide
including corporations, governments, institutions and individuals.
For more information about Morgan Stanley, please visit
www.morganstanley.com.
Morgan Stanley Smith Barney LLC is not implying an affiliation,
sponsorship, endorsement with/of the third party or that any
monitoring is being done by Morgan Stanley Smith Barney LLC
(“Morgan Stanley”) of any information contained within the website.
Morgan Stanley is not responsible for the information contained on
the third party website or the use of or inability to use such
site. Nor do we guarantee their accuracy or completeness.
© 2021 Morgan Stanley Smith Barney LLC. Member SIPC.
1 Morgan Stanley Investor Pulse Poll, 2021
2 Mercer “Bridging the Diversity Gap” June 2019
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211117005418/en/
Media Relations Susan Siering 212-762-0760
Morgan Stanley (NYSE:MS)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Morgan Stanley (NYSE:MS)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024