This is the exchanges of Goldman Sachs where we discuss developments currently shaping markets, industries in the global economy.

I'm Jake Stewart, global head of corporate communications here at the firm.

Today we're joined by Katie Kach, co-head of the fundamental equity business within Goldman Sachs asset management.

We're going to talk with Katie about diversity in investing from why diversity is

competitive advantage to where progress has been made to the work that still remains ahead.

Katie, welcome to the program.

Excited to be here, thanks Jake.

It's nice to see you.

So you talk a lot about how diversity

is a competitive advantage for your investing teams.

Explain what you mean by that.

Sure, and that's such an awesome place to start

because I think it's really important to frame diversity

not just as an issue of equitability, which obviously it is, but also a really pertinent business

issue of profitability for us and our clients.

And I'm in the business of fundamental investing,

which is human-driven investing.

And what we're trying to do every day is create an edge

by having a unique perspective relative to the market.

And one of the ways to ensure when you're

building a team in a process that you're able to cultivate that

variant perspective is by bringing in people with different views and

...