Bloomberg Business Weekd reports that the money’s good, and the lifestyle would seem to lend itself better to balancing family demands than more traditional Wall Street jobs, with less face time and greater emphasis on money-making rather than bonding on the golf-course.
What’s more, research has proven that women, on average, make more prudent investors - a recent report by Rothstein Kass found that women-owned hedge funds performed better than both the S&P 500-stock index and the Global Hedge Fund Index over the last six-and-a-half years, as female investors proved more cautious and less prone to overconfidence than men.
'Women simply perceive risk differently than men and tend to manage their portfolios accordingly', said Meredith Jones, a Rothstein Kass director, in a press release. 'This results in less performance slippage, a diminished tendency to sell at the bottom, and a more consistent application of their strategies'.
Over at DealBook, Whitney Tilson makes an attempt to answer the question of why his field continues to be so male-dominated.
Hit the link below to access the complete Bloomberg Businessweek article:
image: © Allen Sima