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Women Rule Hedge Funds

It seems as if males dominate the financial sector, so when it was announced that female-managed hedge funds are earning more than funds run by men, I had to admit, I was a bit surprised.

According to a new study conducted by the consulting firm Rothstein Kass, hedge funds owned or managed by women earned, on average, 8.95% through September 2012, compared with 2.69% average for all hedge funds.

Why do women earn more? Apparently, women are more risk-adverse and take more time to assess the market before acting, according to the study. Women also tend to improve their financial skills with age.

So, why are we not being paid equally again?

Ally | Elite.

Photo Credit: Getty Images

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Ally Batista

Contributor

Ally is a preppy tomboy who loves all things football and fashion. She's a housewife in training and is known as the highly opinionated, and sometimes rude, first woman of Elite Daily. Be prepared to always be caught off guard.
Ally is a preppy tomboy who loves all things football and fashion. She's a housewife in training and is known as the highly opinionated, and sometimes rude, first woman of Elite Daily. Be prepared to always be caught off guard.

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