Helena Morrissey Bets on Women in Workforce for Better Returns

Legal & General Investment Management launched a gender-diversity fund that Helena Morrissey, a campaigner and executive at the firm, said will help improve female representation at U.K. companies. Gender pay gaps aren’t among the criteria at launch but may be included later, LGIM said in a statement on Thursday. “Gender inequality is one of the key issues of our time and one that generates so much frustration,” said Morrissey, head of personal investing at LGIM, which oversees about 983 billion pounds ($1.3 trillion).