New AAAIM Study: AAPI-owned funds significantly underrepresented in US AUM despite outperformance
The Association of Asian American Investment Managers (AAAIM) today released a study of AAPI-owned funds with a spotlight on assets under management (AUM) and performance.
- The Association of Asian American Investment Managers (AAAIM) today released a study of AAPI-owned funds with a spotlight on assets under management (AUM) and performance.
- As several AAAIM studies have found, AAPIs’ experience in the asset management industry is incongruent with perception that AAPIs are overrepresented in asset management.
- Real estate has the lowest rate of AAPI ownership – .3% of firms, .3% of funds and .2% of AUM.
- Despite top performance, AAPI-owned funds are managing statistically less AUM so we have to ask ourselves, why?