On Sept 18th 2018Fondsfrauen returned to Luxembourg with a half-day conference, sponsored and hosted by PwC Luxembourg.
The headline for the event was “Women in Asset Management – a different perspective” and offered more than 75 women present a variety of insightful presentations and interesting debates.
The morning kicked off with a warm welcome by Catherine Rückel, Partner & Strategy Leader at PwC. She then introduced Sidonie Braud, Partner & Leader of Women & Men at the PwC Committee. Sidonie moderated throughout the day and explained also the work of committee she is heading.
In her keynote, Vinciane Istace, PwC, pointed out, that the female millennial represents a new era of talent as she is more highly educated, more confident and more career ambitious than any of her previous generations. By 2020, female millennials are estimated to form approximately 25 % of the global workforce. Forming talent strategies tailored to this talent segment will be a vital step to the sustainability of any organization. A commitment to an inclusive culture and inclusive talent processes, policies and programs will support a business model where all talents can prosper – including female millennials. When talent rises to the top, everyone wins. Here is the full report.
The following panel “Women in Asset Management – Different approach or more the same?” was moderated by Catherine Rückel and hosted Daniela Klasen-Martin (MD, Crestbridge), Joelle Hauser (Head Investment Funds, Clifford Chance), Sophia Karlsson (Legal & Operations Manager, DnB Asset Management S.A.) and Marc Schernberg de Plata Acevedo, (AM Partner and HCC leader, PwC).
Despite the unisono agreement, that any company is benefitting from the gender diversity across all levels and teams, the various approaches and best practises in different countries were discussed and showed the audience several successful models put into practise. The aim for the attendees to take away some of the ideas and practical examples into their daily work space was well received.
Manuela Fröhlich, co-founder of Fondsfrauen GmbH, introduced the professional network, its aim and the numerous activities since starting in Germany in 2015. Over 20 events in Germany, Austria, Switzerland and now in Luxembourg are supported by 20 sponsors and reach close to 2000 women, engaging through this fast growing platform. In addition to the networking events, Fondsfrauen conduct various studies and surveys and consult the firms in their efforts of employers branding towards the female talent pools.
After a well deserved networking coffee break, Nathalie Dogniez, PwC, interviewed Corinne Molitor, Director at Innpact, about the challenges and opportunities of responsible business and sustainable investments.
The 2nd panel “Impact of digital transformation on female employees” was hosted by Isabelle Lunven (MD, PwC) and welcomed Anne Connelly (Founder of Fondsfrauen and hermoney), Sebastien Danloy (CEO, RBC) and Susanne Schartz (COO seqvoia). The panellists discussed the opportunities digitalisation holds especially for women, trying to balance family and work, independently from office hours and office locations. Despite the fear of a reduction of headcounts in many classical back office roles, the new flexibility is more welcomed than feared amongst women. And many projects involving new technology and Fintechs are led by women already. Various practical examples were presented and discussed.
Closing remarks by Catherine Rückel, Manuela Fröhlich and Anne Connelly finished an insightful morning and was completed by a delicious lunch with plenty of more opportunities of networking.
Here is what the attendees had to say:
- Thanks for a great event at PWC today, it managed to be both, informative and inspiring while at the same time keeping it light and fun – well done!
- Nice to see a group of motivated and driven ladies who actually make a difference.
- Your engagement is very convincing!
- Excellent morning well spent!
- Big applause, it was fantastic!
Text and Fotos: Manuela Fröhlich