Does diversity provide a profitability moat? - AXA Investment Managers

AXA IM’s Rosenberg Equities research takes a look at diversity and profitability, evidencing the positive economic outcomes for companies of having diverse workforces.

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... The research shows that, on average, diverse companies are simply more profitable than their less diverse peers. And importantly, this profitability advantage is consistent over time.  In the face of intense market competition, AXA IM believes that diversity in company workforces is not just a ‘nice to have’, it is a ‘must have’.

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