MutualFundWire.com: The U.S. Accounts For 41 Percent of Gender Lens Equity Fund AUM

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Wednesday, March 10, 2021

The U.S. Accounts For 41 Percent of Gender Lens Equity Fund AUM

In the small but growing gender lens investing (GLI) niche, about 41 percent of assets are in U.S. funds so far.

Marypat Thenell Smucker
Parallelle Finance
Principal, Research and Content

Last month, Parallelle Finance released its Gender Lens Investing 2021 report, subtitled "supporting a women-focused recovery." The 28-page report offers an overview of where GLI stood at the end of 2020 worldwide.

The report, authoered by Marypat Thenell Smucker and Angela Atherton, notes that AUM in publicly-traded gender lens equity funds reached $2.67 billion at the end of 2020. That included $1.1 billion in the eight such funds available to U.S. investors, the biggest of which is the Pax Ellevate Global Women's Leadership Fund ($748 million in AUM as of year-end). AUM in existing funds grew 40 percent last year.

The report also digs into the performance of gender lens equity funds. And it highlights some of such funds' differences when compared with the broader fund universe. (For example, 48 percent of gender lens equity funds PMs are women, compared to 14 percent of PMs overall.)

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