by Varina And Jay Patel
Originally published: September 21, 2017
BlackRock Inc. Chief Executive Larry Fink said the largest asset manager must mirror its customers in terms of gender, comments that come as the company has become more vocal about shareholder and activist efforts to boost workplace diversity.
"The reality is in the world more than 50 percent of household wealth is managed by women," said Fink, who spoke at the Bloomberg Global Business Forum in New York.
"And so if I'm going to be a mirror of my clients, we are going to need more women in our firm."