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Hobson: Black Investors Making Gains; More Work to Be Done

Although workplace retirement plans have made a big difference, there's still a yawning gap between white and African-American investors when it comes to stock market participation, says Ariel's Mellody Hobson.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Ariel Investments just released their Black Investor Survey for 2015. I'm pleased to be joined today by Mellody Hobson--she's the president of Ariel Investments--for her take on it.

Mellody, thanks so much for joining me today.