Morningstar Research Report: Fund Managers By Gender
Our study shows that women are scarce among United States fund managers and underrepresented relative to other professions.
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Key Takeaways:
Less than 10% of all U.S. fund managers are women.
Women exclusively run about 2% of the industry’s assets and open-end funds. By contrast, men exclusively run about 74% of the industry’s assets and 78% of funds, with mixed-gender teams accounting for the balance.
Though the sample is relatively small, performance of exclusively women-run funds rivals that of men-run funds, even though women tend to manage smaller, pricier funds in niche areas.
There are far fewer women in U.S. fund management than there are women doctors (37%), lawyers (33%), or accountants and auditors (63%).
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