More UK funds run by 'Daves' than women

There are more fund managers named David than there are female fund managers in total in the UK, Morningstar data reveals. Of 1,496 UK-listed open-ended funds, some 108 are run by managers named David or Dave - equivalent to 7.2% of funds. Meanwhile, just 105 funds in total have a woman at the helm. It's a stark reminder of the lack of diversity across the fund industry, which is often accused of being "pale, male and stale". "It is disappointing to see so few women fund managers in our industry,"...