As investors, we hold our investee companies to high standards when it comes to diversity, equity and inclusion policies and practices, and we have seen first-hand how companies can reap the benefits of strong performance in this area.

We have increasingly turned this lens on ourselves and the asset management industry as a whole, which we know faces structural challenges on this topic. Our leadership and our employees are committed to improving our own diversity, equity and inclusion practices, as well as speaking up within our industry to push for better practices.

Employee insights

Newton employees share their thoughts and stories about various aspects of diversity, equity and inclusion.

Diversity, equity and inclusion council

Our hiring practices

We are working hard to ensure that our hiring practices are as inclusive as possible. We continue to seek to improve the racial diversity of our workforce and close our gender pay gap via a number of recruitment initiatives. Among these are ensuring that final candidate slates for all open positions in the Europe, Middle East and Africa region are a minimum of 50% female and/or ethnically or racially diverse, and holding regular unconscious bias training for staff.

Among schemes in which we participate to increase the diversity of our workforce are:

We also sponsor a return-to-work programme for those who have been out of work for some time, and we have run a successful returning-military programme, from both of which several individuals have gone on to full-time employment with us.

We offer flexible working patterns, and we have worked with the Diversity Project and other investment firms to help develop best practices to help address the impact that the loss of performance continuity through a leave of absence can have on an investment career. We are also an accredited ‘living wage’ employer.

Employee resource groups

We support a network of employee resource groups coordinated by our parent company, BNY Mellon, which is open to all employees. The network includes:

You may also be interested in…

Your capital may be at risk. The value of investments and the income from them can fall as well as rise and investors may not get back the original amount invested.