News & Research
During this time of uncertainty and volatility, AAAIM’s mission continues. In fact, our work is more vital today than ever as we support all diverse communities through professional development, coalition building and empowerment. At AAAIM, we are redoubling our efforts to educate, connect, and build our diverse network of investment professionals in order to serve as a catalyst for broad economic growth in our country for years to come.
Research findings, both in this study and work from other academics, continue to suggest the existence of large gaps in representation throughout the asset management industry.
Prof. Josh Lerner, Bella Private Markets

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' -...

AAAIM Strives for Greater Diversity Despite Supreme Court Decision
Affirmative action plays a vital role in creating a more equitable and just society. It recognizes the historical and current disadvantages and systemic barriers that have hindered the progress of underrepresented communities in accessing educational and employment...

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...

Beyond the Glass Ceiling: Examining the Intersectionality of Being an AAPI Woman in Financial Services
AAPI women in investment industry. This year's survey and research looked at the "double bind" facing many AAPI women who must navigate both the bamboo and glass ceilings simultaneously. Large majority of AAPI women surveyed indicate that the combination of these...

Representation of AAPIs in Asset Management: Analysis and Strategic Response
In Summer 2020, the Association of Asian American Investment Managers ("AAAIM") commissioned a study to answer two questions: the representation of Asian Americans and Pacific Islanders (AAPIs) in the asset management industry and the related issue of their...

Good Workers — Not Leaders: Unconscious Biases That Stall AAPI Advancement
For many Asian Americans and Pacific Islanders, what some have called the “bamboo ceiling” is a daily obstacle. It manifests itself in regular microaggressions — co-workers who always confuse Asian Americans on staff because they “look alike” or a manager who expects...
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...
New AAAIM Study: 80% of AAPI women say bamboo ceiling effect is real
Study published by Association of Asian American Investment Managers reveals hurdles faced by AAPI women San Francisco, CA, September 27, 2022 -- According to a new study published by the Association of Asian American Investment Managers (AAAIM) and co-authored by...
Asian American Women Investment Managers Invited to Share their Professional Experience in New AAAIM Survey
Study launched during Women's History Month will advance understanding of widespread discrimination revealed in 2021 report March 24, 2022 (San Francisco, California): Today, the Association of Asian American Investment Managers (AAAIM) launched a survey to shed light...
Majority of Asian American Investment Managers Continue to Face Discrimination and Biases, According to AAAIM Survey
65% of survey respondents say that structural racism has been a moderate or serious problem in their careers September 14 (San Francisco, California): The Association of Asian American Investment Managers (AAAIM) today released its new report: “Good Workers – Not...
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