Ariel Investments, LLC announced that Rupal Bhansali, Chief Investment Officer and Portfolio Manager, International and Global Equities had received the 2019 North America Industry Leadership Award from 100 Women in Finance ("100 WF"). The award, presented at 100WF's New York Gala last week, recognizes extraordinary women who have shown leadership in the finance and alternative investment industries.
The theme of the 100WF Gala was Investing in the Next Generation. Proceeds benefit 100WF's work in North America to establish purposeful pathways and inspiration for pre-career young women to enter the finance industry, and to support them in early stage careers with relevant programming and a peer network.
"100 Women in Finance is a beautiful example of how women can encourage other women to do small things that can make a big difference," Rupal Bhansali said. "Women from all backgrounds should be encouraged to pursue careers in finance or even to become more financially literate. I was honored to receive the North America Leadership Award and am a big believer in 100 WF's core mission of harnessing the power of peer networking and paying it forward."
According to 100WF, "honorees demonstrate talent, business ethics and a passion for investing that define our industry's standards of excellence and have been pioneers in some aspect of the business, influencing a large number of individuals in our field." Approximately 600 senior members of New York's finance community attended the event.
"We congratulate Rupal on this significant achievement," said Mellody Hobson, Co-CEO and President of Ariel Investments. "She is a role model for women in our industry, and someone who has never let personal or professional obstacles stand in her path. Rupal's leadership is a huge boon to Ariel and we admire her competitive spirit, relentless work ethic, and contrarian courage."
Based in Ariel's New York City office, Rupal began her buy-side career more than 20 years ago at Soros Fund Management, where she was a long-short equity investor. This formative experience continues to influence her work as a value investor. Today, in her role as chief investment officer and portfolio manager, Rupal manages over $7 billion in international and global equity portfolios for both institutional and retail fund investors. In January, Rupal became a member of the Barron's Investment Roundtable, which showcases "10 of Wall Street's smartest investors."
About Ariel Investments
Ariel Investments, LLC is a money management firm headquartered in Chicago, with offices in New York City and Sydney. Ariel Investments serves individual and institutional investors through its no-load mutual funds and separate accounts. As of October 31, 2019, Ariel Investments' firm-wide assets under management totaled almost $13.0 billion. For more information about the firm, please visit Ariel's website at arielinvestments.com.
About 100 Women in Finance
100 Women in Finance is a global network of professional women and men in the finance and alternative investment industries working together to empower women at every stage of their careers. Through peer engagement, philanthropic, and educational initiatives, its more than 15,000 members are making connections and creating opportunities that help to advance careers and strengthen their field. Formed in 2001, 100WF has hosted more than 1,000 industry education events globally, connected more than 400 senior women through Peer Advisory Groups and raised more than US $50 million gross for philanthropic causes in the areas of women's and family health, education and mentoring, and Next Generation initiatives for women entering the finance industry.