27 October 2023 
According to a study conducted by J.P. Morgan Wealth Management, Black, Hispanic, and Latina women have gained confidence in their investing knowledge in recent years and are investing to build generational wealth. The study surveyed 1,000 investors to uncover investing trends within Black, Hispanic, and Latino communities.
Here are some key takeaways from the study:
- 68% of these Black women investors and 52% of Hispanic and Latina women investors say they are more knowledgeable about investments and retirement planning compared to five years ago.
- Building generational wealth to pass down to future generations and the ability to support families and friends, was a key motivation for most Black, Hispanic and Latina women.
- In 2022, despite ongoing volatility, 83% of women across races stayed consistent with investing the same amount in their brokerage accounts compared to their male counterparts.
“Our business and economy are stronger when it is more inclusive,” said Thelma Ferguson, Global Head of Diversity, Equity & Inclusion and Vice Chair of Commercial Banking at JPMorgan Chase.
“Understanding the trends and habits of those communities that for so long have been excluded is an important step in making progress towards closing the opportunity and wealth gaps.” Ferguson added.
The study conducted by J.P. Morgan Wealth Management reveals a growing trend that could have a significant impact on value-based investment, where DEI transparency would matter more.
In a recent Forbes interview, Denominator’s CEO, Anders Rodenberg, sat down with Ali Jackson-Jolley to discuss this evolving investment landscape. They discussed the empowering role that increased data transparency plays for women and people of color. Investors who wish to ensure that their investments, as well as their retirement funds, are not allocated to companies that exhibit deficiencies in addressing matters that directly impact them. Particularly in the realm of Diversity, Equity, & Inclusion.
As the investment landscape evolves, the demand and value of more DEI transparency also evolves alongside it. Denominator’s data-driven DEI insights empower investors and organizations to make informed decisions about DEI performances. Powered by the largest standardized dataset for DEI, covering more than 3 million public and private companies across 195+ countries, including 85+ industries on 650+ DEI specific data variables.
Contact Denominator to learn more about how comprehensive DEI data can empower more informed decisions within investment. Reach out at: info@denominator.one.
