We’re pretty chuffed with this news.
According to Financial Times, investments made by women pull in twice as much money as those made by men.
Despite the fact that there’s a lack of women represented in the investment sector, research shows that hedge funds run by women make returns of 9.95 percent.
However, hedge funds run by men only receive a 4. 81 return.
In the study, it showed that women were more consistent in outperforming their male counterparts since 2007.
In 2015, the publication stated that there is only 439 hedge funds with a female portfolio manager.
More than 9,000 hedge funds employ a male in the same role.
To further that, a study from this year by Harvard and the Bella Research Group found that women only own 1 percent of the industry’s assets in the UK.
We think it’s time that needs to change…
