London Stock Exchange Group welcomes State Street Global Advisors celebrating the Fearless Girl campaign
State Street Global Advisors, the world’s third largest asset manager with nearly $2.51 trillion* under management, today opened London Stock Exchange markets to celebrate bringing its Fearless Girl campaign to London with a new statue in Paternoster Square, against the backdrop of St Paul’s Cathedral, while also announcing new global diversity impact numbers on the campaign’s second anniversary.
As a result of State Street Global Advisors’ Fearless Girl campaign, companies and shareholders worldwide have been inspired to focus on the issue of gender diversity. Since first launching the campaign in 2017, on the eve of International Women’s Day, more than 430 companies have added women to their boards.
"We are delighted to bring this impactful campaign to London and continue to take a stand for the important issues of gender diversity at the board and senior leadership level," said Lori Heinel, deputy global Chief Investment Officer for State Street Global Advisors. "Studies have shown that companies with greater gender diversity at the senior leadership levels generate better returns than their peers. That drives our conviction to continue our engagement and voting efforts as we look to make further progress on this important topic."
*AUM is stated in USD and reflects approximately $32.45 billion (as of December 31, 2018), with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.