March 14, 2006

Women emerging in the hedge funds sector

Till now the whole hedge fund domain has been all about aggressive fund managers, but more so about men. However, women did manage money at just a tiny fraction of the nearly 9,000 hedge funds. This surely is breaking the conventional barrier, and it augurs well for the hedge funds sector at large. Seattlepi reports:

Not only is it a business dominated by men, but it is also known for its aggressive testosterone-driven trading. So it may not be surprising that women in the hedge fund business have been active in forming connections among themselves, primarily on behalf of philanthropic endeavors.

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