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Women fund managers: gender gap widens

Citywire’s Alpha Female 2017 report shows women not widely trusted to run funds on their own and manage much less money  than men.

 
Women fund managers: gender gap widens

For the second year running Citywire has analysed the prevalence of women on the front line of asset management. As we dig deeper into the data in Alpha Female 2017 we have found that the position of women fund managers is even worse than we originally reported in Alpha Female 2016.

In that report we highlighted that only one in ten managers were women, a position which has not materially changed.

However, this year, in Alpha Female 2017, Citywire has also examined the number of women that run funds on their own or in women only teams.

And how much money they run on average compared to their male counterparts.

We also looked at changes to our fund manager database in the UK to see whether some of the initiatives to bring in more women are reflected in our database.

None of the answers are good news for women fund managers.

Click here to access our Citywire Alpha Female 2017 report.

8 comments so far. Why not have your say?

Donald Chan

Aug 07, 2017 at 18:08

As a male chauvinist, I don't really care about the sex of the fund manager, just how well the fund performs. However, this is certainly one area where I cannot see why women should not perfornm as well as men. The report seemed to just reiterate the statistics. The only factor seemingly relevant was the "lad culture". I would have thought that the job functioned better without that. I wouldn't want to think any fund I invested in had a "lad culture".

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Truth Searcher 2

Aug 07, 2017 at 20:26

Yeah, much better to have a person culture. You know, that manufactured non-human state of being.

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King Lodos

Aug 07, 2017 at 23:43

There's also a massive discrepancy between male and female prison populations.

Clearly sexism, in both cases.

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William Phillips

Aug 08, 2017 at 12:57

Testosterone tells.

Women are more congenitally suited to passive management. Since research suggests that active fundsters are mostly losers, perhaps the ladies should be selling themselves on their comparative reluctance to stray from the herd?

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Roger Savage

Aug 08, 2017 at 19:20

Pay each fund manager based purely on performance - regardless of whatever PC box they may otherwise tick. Then we'd see what they're really worth.

In the workplace, meritocracy is better than mediocrity driven by ticking boxes other than who is the best for the job.

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King Lodos

Aug 08, 2017 at 23:45

And of course James Damore at Google made that point a few days ago (echoing the likes of Martin Luther King Jr), and now finds himself jobless..

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Truth Searcher 2

Aug 09, 2017 at 08:29

Yes, google are joining in with the political elites to discourage (at best) free speech, because they are aiming to have overall control of politicians by using their position and wealth. The last thing google want is future disent from free thinnkers and speakers when they are in control.

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Gilbert Guthrie.

Aug 12, 2017 at 14:11

A online Virtual Portfolio with individual country % breakdown.

Any suggestions please?

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