Helena Morrissey (pictured), chair of the Diversity Project speaking at the Pathway Programme's graduation ceremony.
The Pathway Programme was launched on 19 January 2023 and provided 60 women from 30 firms 30 training sessions over the course of a year, with the goal of training them to become successful portfolio managers.
At an event on Tuesday (6 December) hosted at lead sponsor Newton Investment Management's offices in London, the inaugural class ‘graduated' from the scheme.
Pathway Programme sees first member promoted to portfolio manager
In a ceremony hosted by Mitesh Sheth, CIO for multi-asset at Newton IM and member of the ‘core' Pathway team, and chair of the Diversity Project Helena Morrissey, candidates in the programme were awarded their certificates of completion and invited into the project's alumni scheme.
In his opening speech, Sheth described the programme as «epic and historic», adding he felt «proud» to have been a part of a scheme created «for the industry, by the industry, based on just an idea a year ago».
Sheth said the committee behind the Programme wanted the outgoing cohort to «set the bar high» for the incoming group, «as the bar you set will be the baton others will pick up each year».
He continued: «There could not be a more exciting time to want to become a fund manager, or to want to be a leader in a fund management firm because this is a time of real regime change.
»A lot of what was true over the last 30 to 40 years is not true today and is not likely to be true in the future. Whether that is dealing with deglobalisation, decarbonisation or the divergence we are seeing in markets, dealing with social inequality or the huge transformation our industry needs to go through. or having more
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