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A new report, Women: The X-Factor, offers a look at the transformative role that women play in today's economy—and the investment opportunities being created. Watch the video below and then listen to the audiocast as two top thinkers from Bank of America discuss the findings.
WATCH THE VIDEO
LISTEN TO THE AUDIOCAST
In this wide-ranging conversation, Candace Browning, head of BofA Merrill Lynch Global Research, and Savita Subramanian, head of U.S. Equity & Quantitative Strategy at BofA Merrill Lynch Global Research, explore the economic power that gender equality could generate globally—and why it’s important to achieve it.
Recorded on May 16, 2018.
Any information presented in connection with BofA Merrill Lynch Global Research is general in nature and is not intended to provide personal investment advice. The information does not take into account the specific investment objectives, financial situation and particular needs of any specific person who may receive it. Investors should understand that statements regarding future prospects may not be realized.
Achieving true gender equality
Despite gains, there is still much work to be done. Even though investors increasingly favor companies that focus on diversity and women in management roles, the World Bank estimates that it could take 170 years before pay equality is achieved, if current trends continue.1 It’s critical for business, political and social leaders to understand the global benefits gender equality has to offer. “They aren’t just for women,” says Browning. “They're for the world.”
2Women: The X-factor, Bank of America Merrill Lynch Global Research, March 2018, page 3