/

/

Race Influences Professional Investors’ Financial Judgements

Race Influences Professional Investors’ Financial Judgements

This report analyzes how racial bias affects capital allocators’ decision-making when evaluating asset managers. Surveys were conducted to test whether capital allocators had biases that impacted their evaluations of firms led by people of color, and if so, how these biases manifest. The results suggest that funds led by people of color may face the most barriers to advancement.