The benefits of gender diversity in business are well and widely documented. Research shows that companies with women in leadership positions are often more profitable and perform better on the stock market.
Likewise, having a more diverse team opens more doors for greater value creation. Bringing together individuals with different backgrounds, experiences, talents and perspectives helps to generate a higher volume of new investment ideas that might not be uncovered amongst a homogenous group.
We recognize the importance of gender diversity at BAM and have begun focusing our recruitment and retention efforts on ensuring we are putting the right teams in place to best serve our clients. This starts with fostering an inclusive, supportive and collaborative culture and extends to awareness and engagement campaigns targeting teens and college students at the grassroots level.
As part of these efforts, we launched BAM’s Women’s Group with the mission of promoting a collaborative environment where our female colleagues can come together to develop and strengthen skills, take advantage of educational opportunities and invest in the community. We believe that empowering our employees to achieve their career goals while providing them with leadership development will foster greater growth within our firm.
Through our Women’s Group, we have hosted 14 global women-focused events in the last year alone, including guest speakers, networking events and luncheons focused on professional development. We also implemented a new mentoring program with the goal of encouraging new relationships across the firm, and we expanded our leadership task force to provide training for women on the rise at BAM.
When it comes to recruiting female talent, we believe that engaging young women and girls is arguably the most important step we, and the rest of the industry, can take to bring more women into front office roles. Studies show that female high school students often feel self-doubt when it comes to math and science because their textbooks have few images of women depicted in these roles. The earlier we can start conversations with teens and college students about the industry and show them what opportunities are available, the more likely they are to visualize and consider a financial career path.
We’ve partnered with organizations like UBS and 100 Women in Finance to host events that empower and engage teenage girls who are interested in pursuing a career in finance. We also continue to attend diversity and inclusion events at top tier universities and seek to engage female STEM groups, like the Smart Women in Securities chapters at Stanford and University of California, Berkeley.
From our focused recruitment efforts and employee groups, to our collaborative culture and exceptional parental leave packages – which include benefits like egg freezing, adoption, and coaching for parents – we strive to give our employees the resources they need to feel supported no matter what stage of life they are in. And, as we continue to work towards a more diverse and inclusive workplace, we also enhance our ability to be more thoughtful and effective with how we generate returns for our clients.
To learn more about our culture and recruitment efforts, visit our Careers page.