C-suite

At home or under a socially distanced beach umbrella, these diverse titles will help while away this singular season.

The manager joins firms including JPMorgan and Arena Investors in seeking opportunities in the sector, particularly in the wake of the coronavirus pandemic.

Over the past 15 years, Black participation in the industry has stalled at a mere 8% — a figure that typically dwindles heading up the leadership ranks.

The firm had a target of joining the "$1 trillion club." Instead, clients withdrew more than $157 billion from its 2017 merger to the end of last year.

The privileged realms of American finance still look much the way they did a decade ago, or even two or three decades ago.

The industry’s lack of Black people and other minorities may explain why the world of social investing has fallen short on pushing corporations on race.

Just 5% of its 16,000 employees are Black, according to the company.

Members of the bank’s operating committee will be evaluated annually on how much they have increased representation and inclusion of diverse employees in the operations they oversee.

About 6% of the country’s family offices have more than $5 billion of assets under management, while roughly a third control $500 million or less.

“The idea is economic fairness, economic justice, economic inclusion. Not just making donations,” says Ariel Investments co-CEO John Rogers.