Tue, Mar 20, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Kyria Capital Management bets on women hedge fund managers

Wednesday, July 30, 2014

Bailey McCann, Opalesque New York:

As hedge fund assets top $3 trillion, and long/short strategies get more crowded than ever, with every manager hunting for even the tiniest bit of alpha, a new firm has emerged that claims its own edge – women. A recent Rothstein Kass study showed women-owned and women-managed hedge funds (collectively "women-run") posted annualized returns through the financial crisis and recovery of +6.0% versus the HFRX Global Fund Index performance of -1.1%, according to the latest white paper from Kyria Capital Management.

Kyria firm composed solely of women managers, and managing partner Kristina Koutrakos says that she’s designed the fund to showcase the strength of female managers.

Research shows that while women don’t have a biological predisposition to financial outperformance, they do tend to have a common set of biases that make them manage money differently from men. These choices, over the long haul, typically outperform.

However, the overwhelming amount of investor assets make it to the top five percent of hedge funds, and those hedge funds are dominated by male money managers. The reasons for this range from bigger funds, simply attracting more assets because they are already the biggest, to an outright open bias against allocating to women who are perceived as weak or more emotional. "Women owned funds have statistically seen fewer asset allocations for a variety of reasons," Koutrakos adds. "But once investors see the d......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/Streetinsider.com: Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  3. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  4. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Newhavenindependent.org: Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  5. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From Bloomberg.com: In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu