Hello, Login
X

Forgot Password?

Join Us

to start. Not a member? Join Today!
LinkedIn Join us on
Investment Management Information
“Bridging the theory & practice of investment management”
Email
Advanced Search →
  • Home
  • Journal
    • About
    • Subscribe to the Journal
      • Subscriptions
      • Library Subscriptions
    • Harry M. Markowitz Award
    • Submit a Paper
      • Article Guidelines
      • Practitioner’s Guidelines
    • Reprints & Permissions
    • Advertising
  • Conferences
    • JOIM Conference Events
    • About
    • Membership
    • Board Members
    • Sponsorship
  • Library Access
  • Contact
  • Help

0 comments / 14/07/2014 / the JOIM / Archives, Articles

Where the Boys Are Gender, Risk Taking and Authority in Institutional Equity Management

Margaret Stumpp

Volume 11, Number 3, Third Quarter 2013

This paper examines the gender distribution of key investment professionals with decision making and oversight authority in institutional equity management. We find that women are heavily underrepresented among almost all key positions not just within portfolio management. We find no evidence that this is attributable to differences in skill, or the consequence of any relationship between gender and either asset gathering capability or departure rates. However, we do find some evidence of self-selection away from a risky career as women tend to be more highly represented in lower-risk strategies; appear somewhat more benchmark-oriented; exhibit lower tracking error, and exhibit less idiosyncratic risk than their male counterparts. This observation has important ramifications for both career counseling and diversity outreach programs.

0 comments… add one
Cancel reply

Leave a Comment

Next Article: INSIGHTS: The Intended and Collateral Effects of Short Sale Bans as a Regulatory Tool

Previous Article: Demystifying Managed Futures

JOIM

    Library Access

    Subscribe to the Journal
    Submit a Paper
    Harry M. Markowitz Award
    Editorial Board
    Upcoming Conferences

    Edit Profile

Recent Comments

    JOIM

      About the JOIM
    • Library Access
    • Subscribe to the Journal
    • Submit a Paper
    • Editorial Board
    • Harry M. Markowitz Award
    • Reprints & Permissions
    • Advertising
    • Terms and Conditions

    JOIM Conference Series

    • About
    • Upcoming Conferences
    • Membership
    • Board Members
    • Sponsorship Opportunities
    • Terms & Conditions
    Speaker Reimbursement Policy

    Contact

    Journal Of Investment Management (JOIM)
    3658 Mt. Diablo Blvd., Suite 200
    Lafayette, CA 94549
    www.joim.com

    customerservice @ joim.com
    (925) 299-7800

    Copyright 2019 — Journal Of Investment Management design by SEO Web Designers