According to marketplace A new study says women are outperforming men in the
secretive world of hedge funds. The
report, by consulting firm Rothstein Kass, says hedge funds managed by women
had returns more than 6 percentage points better than other hedge funds. Meredith Jones, who wrote the report, says
that's because women's ability to handle market volatility sets them apart.
"There have been a lot of pyschological studies that
say women tend to be more risk averse. And as a result, that may mean that
they're better able to position their portfolios to handle market
volatility."
Women also tend to manage smaller pools of capital and hold
smaller positions within their funds. That might go against the popular image
of hedge funds of having billions of dollars at a time and taking huge risk,
but women having been using that to their advantage.
"Research has shown that smaller funds tend to be more
nimble, and again, that nimbleness may equate to the fact that they are better
able to handle market volatility and thus put up better returns," says
Jones. And becuase women in smaller positions may be less high profile than
managers of larger funds, "they're also able to move in and out of the market
more efficiently, because their positions don't have any impact on a particular
stock or bond or company."
G on. You know you want to find out more. http://www.marketplace.org/topics/business/women-outperform-men-hedge-funds
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