Several leading girls’ schools will aim to invest in companies with female leaders in an effort to tackle the lack of women in the City.
The Girls’ School Association (GSA), which represents schools including Cheltenham Ladies’ College and St Paul’s School in London, has said that it will adopt a “gender equitable approach to its investment management” to focus on the interests of women and girls.
The group has appointed the financial services firm Evelyn Partners to manage its investment portfolio and move its investments into companies that create opportunities for women. Evelyn Partners has signed the Women in Finance Charter, established by the Treasury in 2016 to achieve greater diversity and fairness in financial services.
Donna Stevens, Girls’ School Association chief executive, said there were more fund managers called Dave than female fund managers
Investments will be focused on companies with a strong