Undiversified: The Big Gender Short in Investment Management is a thought-provoking book that highlights the gender disparity in the investment management industry. The authors argue that the industry's gender gap not only harms women's career prospects but also results in poor investment decisions and financial returns.

Key insights from the book include:

• The investment management industry is overwhelmingly male-dominated. Women make up only a small percentage of investment professionals, especially in senior leadership roles.
• The lack of diversity in the industry is not only a social issue but also an economic issue. Studies have shown that diverse teams make better investment decisions and deliver higher returns.
• The gender gap in investment management is due to a complex set of factors, including unconscious bias, cultural norms, and a lack of role models and mentors for women.
• Companies can take steps to increase gender diversity in their organizations, such as setting diversity goals, providing equal opportunities for career development, and implementing family-friendly policies.
• Investors can also play a role in promoting gender diversity in investment management by using their influence to encourage companies to adopt diversity and inclusion policies and by supporting diverse investment teams.
• The book also highlights the experiences of women in the industry, including the challenges they face and strategies they use to overcome them.
• The authors conclude that closing the gender gap in investment management is not only a moral imperative but also makes good business sense. Companies that prioritize diversity and inclusion will be better equipped to navigate the challenges of an increasingly complex and globalized financial landscape.

For more insights from the author, listen to this great podcast.