A new initiative from IQ-EQ will support women to launch and grow their first funds.

IQ-EQ Launchpad aims to expand inclusivity for the wider asset management industry and foster a self-sustaining network of women in senior leadership roles.

Funds with over 50 per cent women ownership or a woman founder will be eligible to receive preferential service terms, tailored fund administration solutions, capacity building and access to a global network.

The Launchpad suite of services is designed to help women overcome the specific challenges they face launching their first funds, and was prompted by a recognition of the limited opportunities for women in the industry.

As part of this new initiative, IQ-EQ is also committing further resources towards incorporating gender-smart practices into all service delivery. This will be achieved through the collection of data and metrics for the gender-equitable management of performance, and to incentivise behavioural change within the firm and its clients.