‘Mixed gender teams outperform single sex ones in asset management’

Its Alpha Female 2018 study found that, not only do they perform better financially, but mixed teams also do it while taking on less risk over the course of three years than male-only fund manager teams. The survey also showed mixed teams return more over a three-year period than female-only ones, although female-only teams do have a lower level of risk in their approaches.

The study found that this also holds true if you break it down by asset class, with mixed teams outperforming single-sex teams in bonds, equities and mixed assets in terms of absolute returns over three years.

The study indicated that female fund managers are still highly underrepresented in the asset management industry, with just one in 10 fund managers being a woman.

The data in the study covers the three years to the end of May 2018 and accounts for all investment sectors and managers tracked in Citywire’s 16,000-strong fund manager database. All performance figures are calculated in sterling terms.