fund managers
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Minority Firms Getting Few (if Any) Federal Asset-Management Contracts
More than $70 trillion in federal dollars are managed by registered asset-management firms in the United States, but less than 1 percent of those dollars are handled by minority- or women-owed (MWO) firms, according to a new report released Wednesday by the U.S. Government Accountability Office. The report (pdf), exclusively provided to The Root, reviewed…