Investment teams in the highest quartile for gender diversity outperformed others by 45 basis points, according to Willis Towers Watson.
Firms are developing more products focused on equal opportunities and gender issues, Cerulli found.
Paul Bodnar, who had advised former President Obama on climate, joined BlackRock in 2021.
The fund aims to invest in companies that help improve the quality of life for women.
The data, which is aggregated to artificial intelligence, cover more than 5,000 North American companies across 385 ESG topics.
Lombard Odier’s Paul Udall is listed as portfolio manager for the forthcoming fund, which would be listed on the Chicago Board Options Exchange.
The product, which would invest in companies seen as leaders in addressing climate change in their businesses, would be the 14th Xtrackers ETF with an ESG theme.
Newer ESG funds are coming to the market, and a greater share are sustainable funds, according to Cerulli.
The fund would follow the Morningstar Global Emerging Green Technologies Select Index.
Manisha Ali 'will help build and shape the Investors Solutions Responsible Investing franchise.'
