Sarah Bates: Filling the funding void left by the Presidents Club

The Diversity Project co-founder on changing industry for the better

clock • 5 min read

Sarah Bates talks to Mike Sheen about how she co-founded The Diversity Project Charity in the wake of the Presidents Club scandal and how the initiative is taking an inclusive approach to fundraising.

The Financial Times' landmark exposé of the Presidents Club in 2018 was a watershed moment in the City's ongoing struggle to modernise or replace outdated aspects of its culture, and served as a stark reminder of how much more there is to do. The annual men-only fundraising dinner was a throwback from a time most would happily leave in the past and few were sad to see it go. But its demise also left a funding shortfall for a number of smaller charities less able to withstand losing such a lucrative source of income. Jane Welsh: Fund consultants and ratings agencies must step up to ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot