Pensions & Investments: It's racial bias, not merely an issue of access
New research shows that Black fund managers must overcome racial bias to win institutional money and are judged more harshly as top performers.
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New research shows that Black fund managers must overcome racial bias to win institutional money and are judged more harshly as top performers.
For a decade, Knight Foundation has been intentional about identifying high quality, diversely-owned asset managers when investing its endowment. In response to frequent questions from a variety of stakeholders into the performance of the charitable sector regarding this issue — the questions arising from the general lack of data — Knight Foundation asked Global Economics Group to assess the representation of diverse asset managers among foundations.
In Deciding Together: Shifting Power and Resources Through Participatory Grantmaking, we look at why and how funders are engaging in participatory grantmaking and shifting decision-making power to the very communities impacted by funding decisions. Through examples and insights from a diverse range of participatory grantmakers, we explore the benefits, challenges, and models of participatory grantmaking.