In this broader conversation around diversity and inclusion, Asian Americans and Pacific Islanders, or AAPIs, are at risk of being left behind because myths of the “model minority” persist. While the recent escalation of heinous hate crimes against the AAPI community has shed light on the history of discrimination and attacks endured by the community, the social and institutional barriers AAPIs had to overcome to succeed continues to be downplayed. In fact, there is a widespread misperception that the AAPI community experiences no or limited obstacles in navigating the investment industry. The reality is that AAPI-owned managers face a steep climb toward equal opportunity and full inclusion.
Asian Americans, Pacific Islanders Face ‘Bamboo Ceiling’ in Money Management
Apr 14, 2021 | News & Research