New fund to drive gender diversity

Cherie Blair, wife of Tony Blair the former prime minister and the ex-prime ministers of Canada and New Zealand are to launch one of the first funds to focus on investing in firms with a high number of women executives, according to a report in the Financial Times.

The Women’s Leadership Fund, started by Zurich-based group Naissance Capital is looking to invest up to £1.2bn and take activist positions in firms with few women in high positions.

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