Ashby Hatch's promotion means that seven of the 14 members of the leadership team are female

The promotion of a female executive this week at Cambridge Associates moves the $33 billion Boston-based asset management firm into the rarified ranks of companies with at least half their leadership team represented by women.
Cambridge, a 45-year-old company that employs 1,200 people, this week promoted Ashby Hatch to head of global investment research.
The promotion moves her to the 14-person leadership team, seven of whom are women.
Across the male-dominated financial services industry such milestones are celebrated, particularly among women who recognize the challenges of gaining any ground when it comes to diversity.
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