AB 1913 (Davis) – Emerging Investment Managers
Requires the board, beginning January 1, 2012, to report annually to the Legislature the ethnicity and gender of emerging investment managers, as defined, who participate in managing its investment portfolio. Requires the board to develop and include in the report plans and strategies to increase the participation of emerging investment managers until they manage at least 10 percent of the board’s actively managed portfolio.
- Version: Amended 4/22/10
- Sponsor: NAACP
- Location: Senate Rules Committee
- Board Position: Neutral, if amended
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