Who Runs Mutual Funds? Very Few Women

I’ve never actively invested – never had the extra cash to do so. But, I am keeping investment in companies and industries in the back of my mind as another step to financial freedom.

But first, I’m going to learn and do as much as I can to invest in myself. That’s another reason for Hackingyour60s!

 

Representation of women in the investing business is low by any measure — abysmally low when compared with other fields. For example, in 2015, Morningstar found that 37 percent of doctors, 33 percent of lawyers and 63 percent of accountants and auditors were women. The numbers suggest that the investment management business is in another league entirely.

Who Runs Mutual Funds? Very Few Women

Few reports on investing prominently feature female fund managers. There is a simple reason for that: The vast majority of investment professionals are men. In fact, “vast majority” understates the case. It turns out that less than 10 percent of United States portfolio managers at mutual funds and exchange-traded […]

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