You Go Girl! (via Flickr)
It’s been a mystery, until now. The Hedge Fund Journal in partnership with Price- WaterhouseCoopers has revealed the Top 50 Women in Hedge Funds. I wrote an article several months ago entitled “Should You Hire a Woman To Manage Your Money ” when I first learned of the news that from the years 2000 through 2009, while all hedge funds were up 6% on average, those run by women were up 9%. In 2008, all mutual funds dropped 19% while those run by women were down less than 10%. I’ll say it again, those numbers are compelling!
The most amazing statistic according to the Hedge Fund Journal is that women manage an estimated 3% slice of the $1.5 trillion invested in hedge funds, according to Hedge Fund Journal.
You can read a short overview about the release on the FINS website, an extension of the Wall Street Journal for those in the financial services industry.
In addition you can download the pdf : Top 50 Women in Hedge Funds.
My favorite on the list? Karen Finerman. You might recognize her name because she appears on CNBC’s Fast Money . Finerman is Co-Founder and Chief Executive Officer of Metropolitan Capital Advisors in New York. She’s smart, successful, articulate, and can hold her own on the fast-paced technical investment show. This woman does it all. She sits on the board of The Michael J. Fox Foundation for Parkinson’s Research, manages a successful hedge fund, appears as a tv personality almost daily, and did I mention that she has two sets of twins??? Wow. She’s a testament to success for aspiring women in finance!
