…a new study shows that fewer than 10% of fund managers are women.
Also, according to Morningstar, a Chicago-based investment research and management firm: “Women exclusively run only 2% of assets under management in the $12.6 trillion U.S. open-end mutual fund universe.”
Here’s a look at how underrepresented women are as fund managers:
Morningstar also pointed out that women’s funds don’t underperform:
“Overall, our data suggest that, from a performance standpoint, women are holding their own as fund managers, despite their small numbers and despite running more-expensive and noncore funds.”