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Monday, May 11, 2020

The Top Three Fund Firms For Diversity

Reported by Neil Anderson, Managing Editor

The parents of three mutual fund firms are among the Top 50 Companies for Diversity in 2020, according to a publication's new list.

Roger Ferguson
TIAA
President and CEO
TIAA, parent of Nuveen [profile], ranks ninth on DiversityInc's 2020 list, which recognizes the top 50 U.S. companies with at least 1,000 employees each. That's up from 15 in 2019. This year, TIAA is also recognized as one of the "Top Companies for LGBT Employees."

Wells Fargo, parent of Wells Fargo Asset Management (WFAM) [profile], ranks 11th on the new list, up from 13th last year. This year, the bank also ranks seventh among the "top companies for employee resource groups," first among the "top companies for people with disabilities," and eighth among the "top companies for supplier diversity," and it is also listed among the "top companies for LGBT employees."

American International Group (AIG), parent of AIG Funds, ranks 38th on the new list.

DiversityInc, which publishes DiversityInc.com and DiversityInc Best Practices, launched the "Top 50 Companies for Diversity" process in 2001. 

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