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Fund managers from diverse backgrounds are delivering standout returns and the smart money is slowly starting to pay attention
Yahoo Finance· 2025-12-03 14:00
The next big investing opportunity isn’t buried in the markets – it’s hiding in plain sight. The data keep stacking up: fund managers from diverse backgrounds are delivering standout returns. The latest report from the National Association of Investment Companies found that managers who are women or from racially diverse backgrounds outperformed private-equity benchmarks with a 16 percent internal rate of return, compared with 9 percent for the median. This kind of return is catching the eye of CalPERS, t ...