![]() I’m delighted to continue my involvement with the EU Women in Finance initiative and help make finance more diverse and inclusive for the ultimate benefit of the sector and the people it serves. This is not just about women in top jobs we must do more to encourage women to consider finance as a career and support women at all levels in the sector. Finance, particularly at management level, continues to be male dominated. ![]() Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and the Capital Markets Union, said: “While there has been a welcome increase in the number of women in leadership roles in finance in recent years, much work remains to be done. By offering access to some of the leading voices shaping finance across the EU, the Bloomberg EU Women in Finance initiative will not only encourage more young women to participate in the industry, but to inspire them to be the future finance leaders of tomorrow.” Grauer said : “Women remain dramatically underrepresented in senior leadership positions across the industry. This year, that number will increase to 450.īloomberg’s Chairman Peter T. In its first year, the initiative mentored close to 300 students. Participants learn from senior leaders in the finance ecosystem, including banking executives, investors, policymakers, central bankers, and regulators. In collaboration with Junior Achievement Europe, one of the world’s leading educational NGOs, the initiative offers high-school and college students an introduction to financial markets using a bespoke curriculum developed by Bloomberg. In 2023, the initiative will expand to Ireland, Poland, and Switzerland, bringing the total of participating countries to nine, including Belgium, France, Germany, Italy, Netherlands, and Spain. It is the first pan-European programme offering dedicated training on capital markets and the opportunity to learn from female leaders shaping financial services in Europe. Launched in 2022, the initiative aims to open up and demystify the world of financial markets to young women, and inspire and empower them to pursue and advance careers in finance. ![]() It is because of her unconditional love and unwavering support that I have become the woman I am today.įorbes Finance Council is an invitation-only organization for executives in successful accounting, financial planning and wealth management firms.Brussels – Bloomberg today announced the expansion of the EU Women in Finance initiative, following a successful first year. She was an extraordinary woman who was fiercely independent and much stronger than she realized. To the many women who are managing multimillion-dollar funds, running companies in the financial sector, working as investment professionals or including alternative assets in their retirement portfolios, I salute you all! And to my mother, Ella Raskulinecz, I dedicate this article. ![]() MBA.com reports that women applying to MBA programs is on the rise, with over a third of programs reporting a 20% increase in applications from women. Now celebrating its 20th anniversary, 100 Women in Finance is dedicated to helping women who work in finance to achieve their professional goals throughout their careers. ![]() When looking at all alternatives, female executives occupied 11.9% of senior roles in 2019 (up from 10.5% in 2017). Most of their positions are junior or midlevel. Venture capital has the largest representation of women among all alternative asset classes at 21%. According to Preqin, women comprised 19.7% of all employees in alternatives in 2019, up from 18.8% in 2017 overall. In recent years, more women have been working in the finance industry, including alternatives. Among the investing options is impact investing, another way self-directed investors can create more diverse retirement portfolios aligned with their interests or causes that mean something to them, with assets that have integrated environmental, social or governance factors (ESG). Recognizing how the financial industry was not developed with women in mind, Ellevest seeks to change that narrative by helping women create investing portfolios and providing education and coaching for women, by women. ![]()
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