In this summary, we discuss the results of the second annual DEI questionnaire. Out of 803 firms who received the questionnaire, 420 responded. This is a 50% response rate increase from managers compared to 2021. (Please note, not every firm responded to every question.) The questionnaire was constructed in three sections: (1) Transparency and Reporting, (2) Policies and Initiatives, and (3) Employee Conduct. In this report, we will summarize our findings from the questionnaire and conclude with recommendations for asset managers that could serve as differentiators in the future.
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