A Network of Diverse Investment Managers

Inclusion and purposeful investments can transform our society and lift up all communities

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The Association of Asian American Investment Managers (AAAIM) is a national 501 (c)(3) non-profit organization dedicated to increasing diversity and inclusion in the investment management industry, serving as a powerful voice for the Asian American and Pacific Islander (AAPI) community. Our goal is to elevate underrepresented groups through education, networking, and empowerment.


AAAIM 2024 ELEVATE is our flagship event of the year that brings together top institutional investors, leading allocators, and investment professionals to connect, share ideas and build lasting relationships. This year’s theme, “GENERATING ALPHA – DRIVING IMPACT,” speaks to the importance of ensuring full participation and broad access to DEI initiatives for the AAPI community in investment management.

2024-2025 Norman Mineta Cohort Program

Enhance Your Professional Development!
Apply by Friday, July 26th

AAAIM’s Norman Mineta Cohort, previously known as the Emerging Leaders Initiative (ELI) cohort, is designed to help mid-career Asian American Pacific Islanders (AAPIs) break the “Bamboo Ceiling” in the investment field. The yearlong program consists of a small group of high potential leaders that receive executive coaching, professional development, mentorship, and promotional opportunities within AAAIM. We’re excited to open applications for the 2024-2025 cohort for participants located in Southern California and New York City.

Sponsored by

APIs are represented well in top educational institutions, and in the junior ranks of many investment firms. However, there is a vast under-representation of AAPIs in senior roles relative to the size of the professional workforce within the financial and investment industry. Our research shows that AAPIs typically plateau at the mid-career level due to lack of institutional focus and career development opportunities. To address this professional growth gap, AAAIM has a targeted cohort program for a select group of mid-career AAPIs to further their careers. Emerging Leaders Initiative founder, Gordon C.C. Liao states, “We welcome a new set of young leaders to the AAAIM family. Mentorship, sponsorship, and access to development programs are critical to creating a more diverse and equitable industry and society. Thank you to our sponsors who make this program possible.”


First-Ever Study of AAPI Representation Among VC Investors Finds Persistent Underrepresentation

Despite a perception of inclusion, new data from DECODE, UC Berkeley’s SCET, and AAAIM show that AAPIs face an imbalanced reality.

In the fields of investments and venture capital, the narrative often revolves around a world full of innovation and opportunity. However, beneath the surface lies a glaring reality that challenges these notions of potential. In a first-of-its-kind study, research from DECODE, UC Berkeley’s Sutardja Center for Entrepreneurship & Technology (SCET), and AAAIM now sheds light on a concerning issue: the significant lack of representation of Asian American and Pacific Islander (AAPI) in funding opportunities and career advancement within the VC investment community.

New AAAIM Study: AAPI-owned Funds Significantly Underrepresented in US AUM Despite Outperformance

As several AAAIM studies have found, AAPIs’ experience in the asset management industry is incongruent with perception that AAPIs are overrepresented in asset management. One consequence of this misperception is that AAPIs are categorized as a ‘majority demographic’ – and as such are denied access or overlooked as candidates for advancement programs. In 2020, AAAIM initiated a series of research studies in partnership with Bella Private Markets under the leadership of Professor Josh Lerner of the Harvard Business School to analyze AAPI representation in the asset management industry.

New AAAIM Study: AAPIs see 50% Career Attrition from Entry Level to Senior Level Positions in Asset Management

A new study released by the Association of Asian American Investment Managers (AAAIM) analyzes AAPI career attrition and female representation in asset management.
Like other diverse communities, Asian Americans and Pacific Islanders (AAPI) face structural barriers in career advancement, resulting in exclusion when moving up into leadership positions at asset management firms. Simultaneously, AAPIs deal with the ‘model minority myth’ and unconscious bias which leads the industry to group AAPIs with Caucasians rather than with other minority communities.

Upcoming Events

Navigating Cultural Dynamics: Thriving in Multicultural Work Environments
Thursday July 25, 11:00 – 12:00 pm PDT, Virtual Event

New York Chapter Event
Wednesday September 4, at Nomura

Prof. Kenji Yoshino
Thursday September 5, at DLA Piper, NYC

Diwali Celebration
November at AllianceBernstein, NYC

Latest Podcast Episode

EP 84 – Bordon Lai, Managing Director, Private Equity Beach Point Capital Management

News & Research

New AAAIM Study: AAPI-owned Funds Significantly Underrepresented in US AUM Despite Outperformance

New data from the Association of Asian American Investment Managers exposes continued low rates of fund ownership, investment allocations and AUM New York, NY, October 16, 2023 -- The Association of Asian American Investment Managers (AAAIM) today released a study of...

New AAAIM Study: AAPIs see 50% career attrition from entry level to senior level positions in asset management

New data from the Association of Asian American Investment Managers reveals AAPI career attrition at senior levels New York, NY, May 9, 2023 -- A new study released by the Association of Asian American Investment Managers (AAAIM) analyzes AAPI career attrition and...

Execs Spotlight South Asian Underrepresentation

Scarcity persists in the top echelons of U.S. asset management industry As asset management firms seek to increase diversity and expand inclusion among their workforces, some would like to see more efforts made to address underrepresentation of South Asians in...

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