In the small but growing gender lens investing (GLI) niche, about 41 percent of assets are in U.S. funds so far.
| Marypat Thenell Smucker|
Principal, Research and Content
Last month, Parallelle Finance released
its Gender Lens Investing 2021
report, subtitled "supporting a women-focused recovery." The 28-page report offers an overview of where GLI stood at the end of 2020 worldwide.
The report, authoered by Marypat Thenell Smucker
and Angela Atherton
, notes that AUM in publicly-traded gender lens equity funds reached $2.67 billion at the end of 2020. That included $1.1 billion in the eight such funds available to U.S. investors, the biggest of which is the Pax Ellevate Global Women's Leadership Fund
($748 million in AUM as of year-end). AUM in existing funds grew 40 percent last year.
The report also digs into the performance of gender lens equity funds. And it highlights some of such funds' differences when compared with the broader fund universe. (For example, 48 percent of gender lens equity funds PMs are women, compared to 14 percent of PMs overall.)
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