1. No More Old Boys’ Club: Institutional Investors’ Fiduciary Duty to Advance Board Gender Diversity

    No More Old Boys’ Club: Institutional Investors’ Fiduciary Duty to Advance Board Gender Diversity

    State Street Global Advisors (“SSGA”), one of Wall Street’s “Big Three” asset managers, has very recently been featured in the news for adopting a new policy where its recruiters will need to seek a diversity panel’s approval if they want to hire a white male management candidate over a woman or an ethnic minority...

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