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