Asia's wealthy heirs are backing women in business

A number of studies suggest that a focus on gender-equal companies can help portfolio managers outperform.
A number of studies suggest that a focus on gender-equal companies can help portfolio managers outperform.PHOTO: PEXELS

JAKARTA (BLOOMBERG) - When Ms Grace Tahir's daughter turned 14, they sat down to talk careers.

As a family linked to two Indonesian billionaire patriarchs, a life of leisure has always been an option for the women in the family - but the teenager said she wanted to work, like her mother. That sparked a renewed determination in Ms Tahir to help advance women, pushing her to pour more funding into investments with a female focus.

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