Women accounted for almost half of ESG-related hedge fund jobs in the last two years, far exceeding the industry’s overall female hiring rate.
Globally, 49.6% of ESG hires were women in 2020 and 2021, according to a study issued Wednesday by HFObserver, an online data platform that tracks employment in the alternative asset management industry.
By contrast, women made up only about 29% of overall hires in the sector.
Female representation among ESG hires was highest in Asia, at 67%, according to the study, followed by the U.S. and Europe/U.K. at 50% and 45%, respectively.
Black people were also better represented in ESG roles at hedge funds compared with overall rates. In the U.S., they made up 7.9% of ESG hires, versus 2.7% of hedge fund hires overall.