The fund will be open to small and large investors, meaning that you could invest your money in companies selected by the Girl Fund for as little as £30 a month. Morrissey said this would “[empower] us all to use our money to help companies to progress”.

“When we invest in the success of women, we are investing in the success of business,” she continued. “Collectively, we can help achieve gender equality and improve gender diversity in the UK.”

LGIM said it was considering adding another measure to its method of analysing a company’s gender diversity: the pay gap. Figures uncovered by the government’s mandatory gender pay gap reporting period earlier this year showed that eight out of 10 UK companies and public sector bodies pay men more than women, with women earning a median hourly rate of 10% less than their male colleagues.

One frequently-cited reason for the gender pay gap is the relative lack of women in the most senior positions in most industries. Earlier this week, Mayor of London Sadiq Khan announced a ground-breaking scheme to get more women into leadership roles in the capital. Find out more about that initiative here.

Stylist’s Visible Women campaign is dedicated to celebrating women’s success and empowering future generations to follow their lead. See more from Visible Women here.

£50m investment fund launched to support companies with good gender diversity