Championing diversity in the financial industry, with Bev Shah

While the lack of diversity in the financial industry has been well documented, it's still shocking to hear that, according to Morningstar, “there are more funds run by men named David, than there are female fund managers in total”.

This is despite research by the Pipeline showing that diverse teams and ‘firms with more female executives’ actually 'perform better'.

So why is the financial industry lacking in diversity and what effect is this having on people who want to invest their money?

My guest today is Bev Shah, founder of City Hive, a network that champions equality and inclusive culture within the investment sector. With 15 years of experience in the city, Bev is passionate about increasing cognitive, cultural, racial and gender diversity in the financial industry to ensure it becomes both more accessible, but also future-proof.

Together we look at the barriers women face in finance, the wealth and gender pension gaps, as well as the benefits that will come from creating a more diverse and open industry. Bev talks about recognising the power you have when investing money and how to get started, and shares her tips for navigating and understanding the industry. Instead of looking at what’s wrong with women, we’re talking about what the industry can do to change things.

You can follow and connect with Bev at:

• CityHive: https://www.cityhive.co.uk
• Twitter: https://twitter.com/thediversegirl
• Linkedin: https://www.linkedin.com/in/bevshah/

Bev shared some great resources in this episode. All the links are below:

• The Big Short Film: https://www.imdb.com/title/tt1596363/
• The Big Short: Inside the Doomsday Machine by Michael Lewis: https://www.amazon.co.uk/Big-Short-Inside-Doomsday-Machine/dp/0141043539
• The Big Exchange: https://www.bigexchange.com/

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My book is available to purchase from Amazon and your favourite bookshop.

* Please note that we are not certified, financial advisers! The articles and information made available on Vestpod and this podcast are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.*

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