Research from Veris Wealth Partners at the end of October showed an encouraging increase in the number of assets dedicated to gender lens investing – financing companies that support pay and job equality, or that support women-owned businesses.
In four years, gender lens funds have grown from $100 million to $2.4 billion globally. Veris’ chief executive, Patricia Farrar-Rivas, anticipates that figure will grow more than 10-fold within the next five years.
It’s a positive sign for the financial industry that banks and investment houses are offering more gender lens products to their clients, but would bank stocks make it into a gender lens investment portfolio? Probably not.
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