Hedge funds run by women generated greater returns

According to data women outperformed broader index over three, five and 10 years

Hedge funds run by women have generated returns two times higher than their male counterparts this year, piling further pressure on a sector that has been branded "male, pale and stale" to recruit more female portfolio managers.

The HFRX Women index, which pulls together the performance of female hedge fund managers, has returned 9.95 per cent for the first seven months of the year.

This compares with 4.81 per cent for the HFRI Fund Weighted Composite index, a broader gauge of hedge funds across all strategies and genders.

The strong performance comes despite women being under-represented across the hedge fund and wider asset management industry. It also tallies with previous data that show that hedge funds run by women outperform those run by men over five years.


Over the past 12 months, female hedge fund managers have returned 11.9 per cent, according to the HFRX Diversity Women index. The broader index has returned 7.05 per cent.

Women also outperformed the broader index over three, five and 10 years, according to the data. – Copyright The Financial Times Limited 2017