NAIC Addresses Lack of Diversity Among Fund Managers at Institutional Investment Summit

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National Association of Investment Companies

Sep 18, 2017, 08:30 ET

WASHINGTON, Sept. 18, 2017 /PRNewswire-USNewswire/ -- The National Association of Investment Companies (NAIC), the industry association for diverse-owned and emerging investment managers, will share its message promoting access to capital for diverse investment managers with attendees of the Ai CEO Institutional Investment Summit & Awards 2017 in New York City September 18-19.

Robert L. Greene, President & CEO of the NAIC, will serve as a panelist for the summit's Annual Roundtable on North American Pension Funds and Endowments Investing in Africa. Titled "Catalyzing US and African Institutional Allocations to Emerging Managers," this is the premier dialogue and networking forum for leaders from US- and Africa-based emerging managers and asset owners. "The Ai conference is an outstanding opportunity to extend NAIC's message regarding the enormous talent and opportunity resident in diverse and emerging managers," says Greene.

For more than four decades, the NAIC has championed the cause for greater diversity among public, private pension plan and endowment managers. While a significant portion of these institutional investment funds are contributed to by persons of color, they are rarely managed by diverse investment professionals – despite published data detailing their superior performance. "Diverse-owned firms continue to demonstrate that no one group has a monopoly on talent," Greene explains. "Talent is widely dispersed and presents a significant opportunity for outperformance in emerging markets like Africa."

About the Summit: The invitation-only Ai CEO Institutional Investment Summit & Index Series Awards (http://aicapitalmarketsummit.com) attracts over 200 participants, facilitating meetings and presentations between African blue-chip companies, pension funds, sovereign wealth funds, and professional emerging market investors.

About the NAIC: The National Association of Investment Companies (www.naicpe.com) was founded in 1971 to serve as the industry association for diverse-owned and emerging managers, a number of which rank among the best performing private equity firms and hedge funds in the United States. With more than 40 member firms representing over $85 billion in assets managed, the NAIC is a recognized thought leader on the U.S. Emerging Domestic Market (EDM).

MEDIA CONTACT: Dawn Simmons: [email protected].

SOURCE National Association of Investment Companies