The 'All blokes' versus the 'Gender Diverse'. Guess which boards perform better?

Interesting new research and interesting that rather than in a report the index will continue providing information form which to draw conclusions


 

The Infinitas / C4GEi Diversity Index measures the investment performance of ASX200 companies having at least 25% of Board positions filled by women. The index is market capitalisation weighted. It commenced on 23 April 2015 with a commencing value of 100.00.  

The index is managed and updated by Infinitas Asset Management

Infinitas Asset Management in partnership with the Centre for Gender Economics & Innovation has launched a performance index for companies within the S&P/ASX200 Index having a minimum of 25% female Board Directors. The index will provide investors with a tool to gauge the performance of companies with gender diversity among Board members and to benchmark investment portfolio performance.

The Infinitas/C4GEi Diversity Index will be published by Infinitas on an on-going basis. The investment management firm has developed investment products and services for investors who seek to have a professionally managed portfolio that is invested in companies with gender diverse Boards and that will be benchmarked against the Infinitas/C4GEi Diversity Index.

SEE THE INDEX HERE

DOWNLOAD THE FULL PRESS RELEASE HERE


 

Women’s Agenda,  by / APR 23, 2015

For many people, it’s simple common sense. Gender diverse boards offer more diverse ideas and better decision-making.

But for those who need the proof, new research from the Centre for Gender Economics and Innovation and Infinitas Asset Management offers some compelling data. Indeed, the 34 all-bloke boards on the ASX 200 have some work to do when it comes to financial performance.

The research launched today finds that companies with at least 25% female representation on their boards perform 7% better than those with men only, and 2% better than those that are male-dominated.

These are stats that will continue to be tracked via the Infinitas/C4GEi Diversity Index, enabling investors to benchmark the performance of ASX 200 companies with more than 25% female representation on their boards. Currently, 63 companies make the qualification cutoff required, including all the major banks.

C4GEi founder Susanne Moore said that despite the enormous purchasing power women have, women continue to be left out of the decision-making process of large organisations. She said the Index highlights the shareholder and consumer value of gender diverse boards.

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