NEPC was recently featured in a 401k Specialist Magazine article that dug into our 2022 DEI Progress – Part 1 which found that more clients are implementing DEI strategies and working with diverse managers. View the article on 401k Specialist Magazine’s site here.
Client exposure to diverse strategies is climbing, finds a new report by investment consultant and outsourced chief investment officer (OCIO) provider NEPC.
Its latest report, the NEPC found that 59% of its clients use diverse managers, with diverse firms currently investing $40.4 billion in client assets and managing 182 client strategies. Currently, NEPC serves over 400 retailer clients and $1.4 trillion in total assets.
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“As the conversation around increasing diversity in the investment space continues to evolve, so must our goals and how we’re thinking about DEI standards,” said Mike Manning, managing partner of NEPC, in a statement. “We are proud of what we’ve accomplished thus far, but NEPC is aware of the work that remains, and is committed to identifying meaningful ways to continue engaging with diverse-owned and -led firms.”
Click here to continue reading the full 401k Specialist Magazine article.