Wednesday, July 01, 2009

How To Raise A Rich Daughter


Women hold half of the investable wealth in the U.S. and account for 43% of all Americans who
have a net worth of $1.5 million or more. Yet only 10% of asset managers are female, says a new
report from the National Council for Research on Women.
Recent studies show that, as with other areas of business, women make investment decisions
differently from men. They consider contradictory information and study company fundamentals
more carefully before investing. Over the long term, funds run by women, who tend to be more
risk-averse in general, outperform those of men. The Hedge Fund Research Diversity Index, for
example, which has 50% female managers, returned an annual average 8.21% since 2003, while
the broader index returned 5.98
source : http://in.news.yahoo.com/240/20090629/1301/twl-6594574.html

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