Now that's a profitable idea: hire more women hedge fund managers

As they are only a puny 6% of the whole.

Women Hedge Fund Managers Outperform Men

A new study by Hedge Fund Research found that, from January 2000 through May 31, 2009, hedge funds run by women delivered nearly double the investment performance of those managed by men. Female managers produced average annual returns of 9%, versus 5.82% for men and, in 2008, when financial markets were cratering, funds run by women were down 9.6%, compared with a 19% decline for men.

"Moreover, several studies show a link between profit and gender. Companies with several high-ranking women at either officer or director levels tend to have higher earnings per share, return on equity and stock prices than competitors with few or no senior women. Look at some of the more stunning losses incurred at banks in recent years: Barings, Société Générale and UBS. All were caused by men betting with other people’s money."


http://www.businessweek.com/careers/workingparents/blog/archives/2009/12/its_generally_k.html

Now that's a profitable idea: hire more women hedge fund managers