Five years ago, John Lee Meritz Asset Management Co. He became Executive Director of the company. At that time, women were few in powerful positions. Nowadays, things in the company have changed a lot: the marketing manager is a woman, 8 of the 10 fundraising fund workers are women and has reached almost the same level of equity in the investment group. Lee now wants to show that he wants a more profitable investment in South Korean companies that drive women's empowerment.
Lee has created a "Women-oriented fund" to boost women's participation in South Korean companies. According to Meritz, this is the first company in the country. The Meritz The Women Fund, in addition to analyzing the general characteristics of the business, adds the criteria between diversity and gender parity. In addition, the Meritza Law also develops policies and policies for women and men, as well as policies that seek balance between work and family life.
"Korean women are well trained but they do not have equal opportunities," said Lee. This initiative is very important because South Korea, since it is a great imbalance in the field of Asian countries, is from 115 countries in all countries of the world since 149. In addition, Korean women earn only 63% of those who earn money. There are few South Korean companies that have women in the most important jobs, but they are in some companies and their profits are greater.
This South Korean fund is not the only one, it's a Japanese one, but Lee says they will be the ones that will develop the most passionate actions.
Information source: bloomberg.org