09 July 2019

Girls Who Invest: 30 by 30

By Cel Sibley

“In the future, there will be no female leaders. There will just be leaders.” ―Sheryl Sandberg

Eighty percent. That was the approximate percentage of raised hands in a room full of scholars at a “Girls Who Invest” Summer Intensive Program when I asked how many of them did not pick finance or investing as a career choice when they entered college. A sigh of relief. The overwhelming reaction from the crowd of rising juniors when I shared that I did not choose fixed-income investing when I started my career at Western Asset over 27 years ago. Instead, fixed-income chose me.

Girls Who Invest (GWI) was founded in 2015 by Seema Hingorani, the former Chief Investment Officer, Head of Public Equities & Hedge Funds for the New York City Retirement Systems. GWI is a non-profit organization dedicated to increasing the number of women in portfolio management and executive leadership in the asset management industry. The organization focuses on education, industry outreach, accessibility and career placement to inspire and support young women to become tomorrow’s leading investors. Its founder, a psychology/philosophy major at Yale and a Wharton grad, felt it was important to also recruit students from state schools with this year’s representation standing at 25%. To level the playing field, GWI is free to all accepted students. The 150 spots for the 10-week flagship summer program went to college sophomores from different socioeconomic backgrounds and cultures, with varied majors of study, from over 60 state and private colleges and universities across the country. After the intensive classroom training, the program culminates for each student with a paid internship at one of GWI’s partner investment firms.

At the beginning of the GWI 2019 summer program, Suzanne Trepp, who has been with Western Asset for more than 22 years, made the trek to the University of Pennsylvania to be part of the panel on fixed-income and credit investing and also blogged about her experience. As the academic portion of this year’s program was about to conclude, I was also invited to be part of a similar panel at the University of Notre Dame along with other female senior investment professionals from BMO Asset Management, Oaktree Capital and PIMCO. As part of the speaker series, we were able to bridge education with practice by sharing our respective experiences with the scholars considering careers in investments.

Western Asset is thrilled to have our first GWI intern this summer on the investment team. This is also the summer we offered a GWI alumna a permanent position as an ESG analyst to work alongside Bonnie Wongtrakool, Western Asset's Global Head of ESG Investments, who was part of last summer’s panel at Notre Dame. With so many investment firms now eager to hire GWI interns, the organization is considering expanding the program internationally, and perhaps even extending it to high school students. Western Asset is proud to support Girls Who Invest, which has the impressive goal of “30 by 30”: to have 30% of the world’s investable capital managed by women by 2030.

© Western Asset Management Company Ltd 2020. 当資料の著作権は、ウエスタン・アセット・マネジメント株式会社およびその関連会社(以下「ウエスタン・アセット」という)に帰属するものであり、ウエスタン・アセットの顧客、その投資コンサルタント及びその他の当社が意図した受取人のみを対象として作成されたものです。第三者への提供はお断りいたします。当資料の内容は、秘密情報及び専有情報としてお取り扱い下さい。無断で当資料のコピーを作成することや転載することを禁じます。
ウエスタン・アセット・マネジメント・カンパニーDTVM(Distribuidora de Títulos e Valores Mobiliários)リミターダ(ブラジル、サンパウロ拠点)はブラジル証券取引委員会(CVM)とブラジル中央銀行(Bacen)により認可、規制を受けます。ウエスタン・アセット・マネジメント・カンパニー・ピーティーワイ・リミテッド (ABN 41 117 767 923) (オーストラリア、メルボルン拠点)はオーストラリアの金融サービスライセンス303160を保有。ウエスタン・アセット・マネジメント・カンパニー・ピーティーイー・リミテッド(シンガポール拠点)は、キャピタル・マーケット・サービス(CMS)ライセンス(Co. Reg. No. 200007692R) を保有し、シンガポール通貨監督庁に監督されています。ウエスタン・アセット・マネジメント株式会社(日本拠点)は金融商品取引業者として登録、日本のFSAの規制を受けます。ウエスタン・アセット・マネジメント・カンパニー・リミテッド(英国、ロンドン拠点)は英金融行動監視機構(FCA)により認可、規制を受けます。当資料は英国および欧州経済領域(EEA)加盟国においては、FCAまたはMiFID IIに定義された「プロフェッショナルな顧客」のみを対象とした宣伝目的に使用されるものです。
業務の種類: 金融商品取引業者(投資運用業、投資助言・代理業、第二種金融商品取引業)
登録番号: 関東財務局長(金商)第427号
加入協会: 一般社団法人日本投資顧問業協会(会員番号 011-01319)