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Meet the other 1%: The City’s black fund managers speak out

The handful of black fund managers in the City of London share their views on the lack of diversity and what to do about it

Sunday, 15 October 2017 at 23:01

Meet the other 1%: The City’s black fund managers speak out
Photo: FN Staff

During the financial crisis, the Occupy Wall Street movement identified an uber rich group as “the 1%” who had all the wealth and, as a result, all the power. They were, the movement said, emblematic of all that was wrong with capitalism and the imbalance needed addressing.

Today, there is a different 1% with control over large amounts of assets, yet no campaign group is on the street protesting about it. In fact, hardly anyone says a word.