A recent Vanguard survey probed the thoughts of pension investment committee members on the topic of diversity. The members’ thoughts on the meaning of diversity can be seen in the chart above. Below, respondents rated how important they thought diversity was in an investment committee:
Respondents were asked about their satisfaction with the level of diversity on their committees:
Finally, respondents were asked to rate the importance of various factors to committee effectiveness. 19 percent said diversity was “extremely important.”
The full survey results can be read here.