Tags: Hedge Funds, men!, penises, studies, women
There is an inverse relationship between penis size and hedge fund performance, one study of a nine-month period shows.
The Rothstein Kass Women in Alternatives Hedge Index produced a year-to-date net return through September of 8.95%, compared to the HFRX Global Hedge Fund Index, which was up 2.69% through September. Furthermore, over a five-year period, the Rothstein Kass WAI Hedge Index outperformed both the HFRX Global Hedge Fund Index and the S&P 500.
This does not surprise battler of the sexes, Rothstein Kass director Meredith Jones:
There have been a number of studies that show women investors to be more risk averse, and therefore potentially better able to escape market downturns and volatility. The outperformance by women-owned or managed hedge funds should make the case that investing in these types of funds is a smart business decision, rather than one that just feels good.
For those of you feeling threatened feel free to defend your honor and ability to produce risk-adjusted returns.
Hedge Funds Helmed By Women Outperform [FINalternatives]
Returns at Hedge Funds Run by Women Beat the Industry, Report Says [DealBook]
Lady Hedge Fund Managers Are Killing It [Jezebel]
Here is where I hoped to put a link to the actual study. Instead, this is a link to Rothstein Kass’ currently unavailable Web site [broken link]