Female-Led Hedge Funds Fail At Higher Rates Because Media Gives More Column Inches To Subjects With Testicles: Study

Not because of performance.
Author:
Updated:
Original:

If you're a woman and you're running a hedge fund, dealing with a 22 year-old analyst who thinks an invite to chill with him and his two roommates in Murray Hill tonight sounds appealing isn't your only issue! You'll also need to overcome the fact the media prefers fleshy orbs to ovaries.

Hedge funds run by women are struggling for capital despite there being no statistically significant difference in performance between their funds and those run by men, according to new research. Part of the reason, say the researchers, is that women running hedge funds get a low level of news-media attention. The lack of capital doesn’t just stunt the growth of the funds run by women, the report says—it’s often fatal for the funds. “Funds with at least one female manager fail at higher rates, driven by difficulty in raising capital,” says the report, written by Rajesh Aggarwal and Nicole M. Boyson, professors at the D’Amore-McKim School of Business, Northeastern University, in Boston.

Gender Bias in Hedge Funds? [WSJ]

Related

Bill Ackman Is Saying This Because He Cares: Just Because They Make Pants With 52-Inch Waists Doesn't Mean You Need To Aspire To Wear Them

As has been discussed at length in the past, should hedge fund manager Bill Ackman ever decide to take up a new line of work, he would no doubt have a bright future hosting a guerrilla-style makeover show wherein he and a sidekick drive around in a van looking for people who could benefit from his discerning eye and then ambush them on the street and weigh in on what's wrong with their [choose all that apply: bangs/clothes/arms/ass/life in general].a Although not classically trained, the Pershing Square founder has years of experience, dating all the way back to his days as a Harvard Business School student, when fellow classmates were asked if streetwalker was the look they were going for.