A Champion for Diversity
Former Illinois Senate President Emil Jones, Jr. shares how he managed to pass legislation mandating the inclusion of diverse-owned investment firms among the state's selected investment managers. One of the great champions for diversity, Senator Jones learned the inner workings of the state pension systems and their allocation processes to successfully craft regulations that would create inroads for qualified investment firms that were previously denied such opportunities.
More 'Jackie Robinson Moments' for Diverse Managers Ahead
Looking to the future of the industry, John W. Rogers Jr., Chairman, CEO & Chief Investment Officer of Ariel Capital Management, hopes to see more universities, hospitals and other private institutions working with diverse money management firms. In this installment of Perspectives, NAIC’s online video series, Rogers surmises that if more of the non-profit institutions begin to live the values they claim to espouse with regards to inclusion, they would embrace inclusion for diverse firms beyond the typical areas of construction and catering and the like to include such professional services as information technology, advertising, accounting, legal and money management.