By Arleen Jacobius
Source: Pensions & Investments

While ESG factors play an important role in real estate managers’ investment decisions, asset owners also are asking managers to look inward at their own firms’ diversity and inclusion efforts.

Gender and ethnic diversity is becoming a big issue for real estate managers, driven by some of the largest asset owners that do not think management firms are diverse enough and are calling on them for change, said Josh Herrenkohl, New York-based senior managing director in the real estate practice at FTI Consulting.

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