NAIC Performance Study Shows Diverse Asset Managers Continue to Beat Benchmarks

From the National Association of Investment Companies (NAIC). Diverse-owned private equity firms continue to outperform their benchmarks, according to Examining the Returns 2019: The Financial Returns of Diverse Private Equity Firms, a study released by NAIC. Despite delivering consistent returns, diverse- and women-owned firms collectively manage only 1.3 percent of the investment industry’s $69 trillion in assets under management.

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