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01/12/13 | Uncategorized

Returns At Hedge Funds Run By Women Beat The Industry

Women in the alternative investment industry lack opportunities to prove themselves, and some become discouraged, the respondents said. “Old boys’ club” was a phrase that multiple respondents used.

By William Alden (DealBook Reporter, NY Times)

An index from the professional services firm Rothstein Kass showed that female hedge fund managers produced a return of 8.95% through the third quarter of 2012. By contrast, the HFRX Global Hedge Fund Index, released by Hedge Fund Research, logged a 2.69% net return through September.

Rothstein Kass’s latest annual survey of women in alternative investments, to be released on Thursday, found that female managers had a strong track record of returns. The report, reflecting the responses of 366 senior women in the alternative investment industry, illustrates a persistent gender disparity on Wall Street while highlighting the achievements of successful women.

» Read the full article on The NY Times.

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