Investing in Women's Rights
While I highly doubt there was ever a time when women's rights wasn't an issue, it certainly seems to be a topical trend today. Inequality exists in just about all industries, but in finance in particular, women continue to be majorly under-represented. I know from experience that there are plenty of millionaire female investors, traders, bankers, analysts and portfolio managers out there, they are still just girls in a man's world.
Unlike certain social issues, like vegans and LGBTQ, there has yet to be a direct way for socially responsible investors to invest directly in women's rights. However, there are a few ways to get involved, namely by investing in firms that are investing in women leadership advancement. Motif has created a portfolio of stocks that would be adequate to achieve this goal. This portfolio is based on three criteria: 1) does the company have a female CEO? 2) is there an above-average number of female board members? and 3) is there an above-average number of female executives?
Does this make a difference the the investment's performance? At the recent SRI conference in Chicago, it was noted that "values always equate to value" and companies that are strong with female influence tend to outperform the stocks of the broader S&P 500. Can you hear us now?