Female Fund Managers Gain
50% Increase in Number of Women Running Biggest Funds
New Morningstar research shows that the number of female managers at top mutual funds in the US has grown, even if their public profile seems to have shrunk (in keeping with the markets?).
- In 2008, 12% of managers of the 200 largest US mutual funds were women, for a total of 44 women.
- Ten years earlier, women made up 8% of such managers, for a total of 28.
- Women are getting top jobs but not equal to their numbers in the business: The percentage of active chartered financial analysts, according to the CFA Institute, is 19%.
"Here Are a Few of the Best Women Managers Working Today"
Name of Manager |
Fund |
Comments by Morningstar |
|---|---|---|
Sarah Ketterer, Co-Founder |
Causeway International Value (CIVIX) |
“outstanding job taking a value approach overseas” |
Mary Ellen Stanek, Team Leader |
Baird Aggregate Bond (BAGIX) |
“has led a strong team of bond managers” |
Susan Byrne, Founder |
WHG LargeCap Value (WHGLX) |
“has built a great record of value at investing” … “ “stayed with a value discipline even when value went out of fashion” |
Diana Strandberg, Co-Manager |
Dodge & Cox International (DODFX) |
“has produced outstanding long-term results” |
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