More investors – nearly 1 in 10 – would still invest with a given manager upon identifying sexual harassment issues at a firm.
That is not to say more are not asking about the issue though, according to a new survey released by the Investment Management Due Diligence Association (IMDDA), an organization dedicated to professionals who perform investment and operational due diligence.
Nearly one-third of allocators (26%) inquire about sexual harassment during the due diligence process, which is an increase from 2018 when only 11% of those surveyed said they did. Only 9% would still invest . . .
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