In this episode of the Future of Finance podcast, host Georges Dyer speaks with Hallie Label, founder of Expect Equity, an innovative incubator model designed to address the persistent underrepresentation of women and people of color in asset management. Hallie shares insights from her career at leading investment firms and explains how Expect Equity provides underrepresented managers with the infrastructure, capital, and relationship-building support they need to succeed at scale. The conversation explores systemic barriers to entry, the importance of trust and back-office infrastructure, the role of trustees and incentives in shaping capital allocation, and how changing governance culture can unlock overlooked talent. Hallie also shares her vision for a financial system where excellence is recognized broadly, incentives are aligned with mission and impact, and durable investment firms are built for long-term success.
Books mentioned:
"The Doors You Can Open" - https://www.rosalindchow.com/book
"Grit" - https://angeladuckworth.com/grit-book/
Keywords: Expect Equity, Hallie Label, asset management, underrepresented managers, institutional investors, capital allocation, investment trust, back-office infrastructure, trustee incentives, inclusive finance

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