• Asset Management

Jupiter, Liontrust, Rathbones among City firms still not signed up to UK’s race charter

The charter commits signatories to track data on employees from ethnic minority backgrounds and requires a zero tolerance for harassment and bullying

The charter includes seven calls to action for companies that have signed up, including recording the number of employees from ethnic minority backgrounds

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Some of the UK’s top asset management firms are facing tough questions over why they have still not yet signed up to a “fundamental” initiative to improve racial equality in the workplace.

The murder of George Floyd just over three years ago shook the City to its core and triggered a wave of promises from major finance firms to confront the institutional racism holding Black professionals back from progressing in their careers.