Out of more than 18,400 money managers worldwide, just 12.9% are women, compared with 12.5% last year and 10.3% in 2016. The absolute value of assets managed by women has tripled over the past ten years to £4 trillion, but this growth reflects a rise in mixed-gender teams, which now manage almost 15% of funds, up from just 6.7% a decade ago.
Crys Matthews stated, "I am thrice marginalized. I'm a woman, I'm Black, I am also a lesbian," highlighting the multiple barriers women of color and LGBTQ+ people face in the music industry.