Mumbai: India’s market capitalization has risen over the past decade, growing from US$1.2 trillion to US$5.2 trillion. This growth has spurred significant expansion in the institutional investor sector. According to CIEL HR Services’ latest report, CIEL Works, titled- Institutional Investors – Talent Trends and Insights, India has witnessed a notable 69% increase in headcount within the sector over the last two years.
The study encompasses 16000+ executives from 80 companies in the investor sector and provides valuable insights into key areas such as gender diversity, tenure in a firm, roles in demand, and career progression.
One notable finding regarding talent mobility revealed that only 17% of professionals, including fund managers, portfolio managers, and senior analysts, are promoted from within their organizations, while 83% are hired externally. This presents an opportunity for companies in the sector to innovate their practices around internal career progression and enhance their work environment which makes their talent thrive.
The sector has made strides in workforce diversity, with women’s participation at 27% of the overall workforce. However, representation in leadership roles remains a challenge, with women holding just 14% of senior positions.