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Komfie Manalo, Opalesque Asia: When investing in hedge funds, it pays better if you will choose a woman hedge fund manager.
The latest Hedge Fund Research (HFR) report showed that hedge funds run by women gained 3.65% in the first two months of February compared to the 2.23% registered by the overall hedge fund industry, according to Fortune.
Ironically, women hedge fund managers are overwhelmingly outnumbered by male-led hedge funds. There are only 49 hedge funds that are managed by women in the HFR index, or a mere 2% out of the 2,100 funds in the category.
To put into perspective how investing in women-led hedge fund is better, a $1m invested in a typical hedge fund at the start of this year will yield an average $22,300. However, if the same amount is allocated with a female hedge fund manager, your $1m would have earned an estimated $36,400.
Investors allocating more to women hedge funds
The latest HFR data is a source of good news to women in hedge funds who have been struggling to make a mark in the industry dominated by men. In December, a survey by audit, tax and advisory firm KPMG found that the increasing interest from investors to allocate more capital into women owned and managed funds, coupled with public...................... To view our full article Click here
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