Investment trust boards moving away from 'stale, male and pale'

34.5% of directorships now held by women

Kathleen Gallagher
clock • 1 min read

The number of women with positions on investment trust boards has jumped substantially over the past decade, according to a new report from Investec. However, experts highlight the sector still has a long way to go to shed its past of being "stale, male and pale".

The Skin in the Game report shows that 34.5% of directorships are now held by women compared to 8% in 2010.  The number of women chairs has also increased to 19.8% compared to 3.8% in 2010. However, there are still concerns of an exclusive club, as 24% of board members hold more than one directorship for an investment trust, while nine people sit on five boards, four of which are women. "It's quite scary when you look back to where the industry was and it was a stale, male and pale view," said Alan Brierley, Investec analyst and co-author of the report. He expects that over the nex...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read
IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read