Finanse, Rynki Finansowe, Ubezpieczenia

Previously: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Finanse, Rynki Finansowe, Ubezpieczenia


ISSN: 2450-7741     eISSN: 2300-4460    OAI    DOI: 10.18276/frfu.2016.79-42
CC BY-SA   Open Access 

Issue archive / 1/2016 (79)
Czy płeć osoby zarządzającej ma wpływ na styl funduszu inwestycyjnego oraz stopę zwrotu?
(Does the Sex of Fund Manager Influence the Fund’s Style and Rate of Return?)

Authors: Iwona Białomazur
Keywords: gender inflows trading volume optimism bias risk aversion return risk mutual funds
Data publikacji całości:2016
Page range:11 (535-545)
Cited-by (Crossref) ?:

Abstract

Despite numerous articles that evidence greater risk aversion among women than men, the managers of both sexes alike take a similar amount of risk while managing mutual funds. Optimism bias, stereotypically attributed to men, does not seem to have negative influence on the funds’ returns, however is apparently contributing to different levels of trading volume. Women and men achieve similar results using different styles. Companies that manage mutual funds should educate their participants that female managers are not outperformed by their male colleagues; moreover, women offer more consistent, less variable returns.
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