Need A Better Investment Strategy? Listen To A Woman
From Fast Company January 29, 2013 - 8:00am
New data reveals that female hedge fund managers outperform their male competition. Male hedge fund managers, watch out for your jobs: a new report from financial services firm Rothstein Kass has revealed that female hedge fund managers significantly outperform their male counterparts. In the third quarter of 2012, they scored a net return of 8.95% (according to the Rothstein Kass Women in Alternative Investments Hedge Index) compared to a 2.69% net return overall on the HFRX Global Hedge Fund Index. But at the same time, women make up less than 20% of all C-suite members in the firms polled. Not enough people have yet woken up to the fact that it makes sense to hire more women in senior positions. Rothstein Kass’s report surveyed 366 senior women involved the alternative investment industry (hedge fund, private equity, and venture capital). The respondents revealed that ther...
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