Sex Matters: Gender Differences in the Financial Industry

Alexandra Niessen-Ruenzi ()
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Alexandra Niessen-Ruenzi: University of Mannheim

A chapter in Responsible Investment Banking, 2015, pp 439-443 from Springer

Abstract: Abstract For the past 20 years, the number of women working as fund managers in the US equity mutual fund industry has hovered at around 10 %, which is surprisingly low. While there are probably some self-imposed factors that contribute to this, such as career interruptions and the choice to work in other industries, our evidence shows that investors discriminate against funds run by women, investing less in them, making it less attractive for companies to employ women and less appealing for women to work in the sector.

Keywords: Institutional Investor; Fund Manager; Financial Industry; Female Manager; Career Interruption (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-319-10311-2_29

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DOI: 10.1007/978-3-319-10311-2_29

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