Boston Based Firms Among First Signers to DEI Code
Melinda Wright, Global Head of Diversity, Equity and Inclusion, Cambridge Associates:
“Cambridge Associates represents ‘a room of the willing’ – people who want to see change and are committed to being part of it. We want our firm to be a highly impactful organization and exceed expectations for our clients. Diversity, equity and inclusion, when done well, helps accomplish these business objectives. Becoming a signatory of the Code is one example of the incredibly thoughtful work happening to create meaningful impact.”
Scott Hayward, Chief Executive Officer, GMO:
“GMO has always valued diverse perspectives and has a deep commitment to respecting and celebrating differences. Recognizing the importance of diversity, equity, inclusion, and belonging is a hallmark of our culture. We know that using multiple lenses to solve investment problems creates better results for our clients. Seeking out these views also leads to stronger employee engagement. Through our commitment to the DEI Code, we are working to further social awareness at GMO and accelerate these critical priorities across our industry.”
Michael G. Trotsky, CFA, Executive Director and Chief Investment Officer, MassPRIM:
“Commitment to diversity and inclusion has to come from the top; this Code is based on principles which provide best practices, lays out best practice guidance, and represents an important stake in the ground for companies to signal that they are ready and willing to improve. During my more than 10 years at PRIM, I’ve seen the impact of making cultural changes at our organization to foster a diverse and inclusive environment. By adopting this Code, signatories can lead our industry to be more inclusive and ensure the trust of employees, partners, and members of the public at large.”
Joan A. Payden, CFA, Founder and CEO Payden & Rygel:
“From our inception 38 years ago, our emphasis on collaboration where competition is external rather than internal has allowed us to cultivate an inclusive culture where all voices are heard, respected, and where constructive debate is encouraged. At Payden, we believe this cultural feature, coupled with a focus on passion and commitment, enhances our client relationships and allows us to attract the best talent, which supports improved investment results. We see the importance of being a leader in our industry, which suffers from underrepresentation of various groups, and we are committed to being part of solutions like the CFA Institute DEI Code to close those gaps.”