Study reveals that masculine investment behavior reduces fund returns
Credit: perfectpixelshunter
Prof. Dr. Hans Peter Grüner and Prof. Dr. Alexandra Niessen-Ruenzi from the University of Mannheim, together with Prof. Dr. Christoph Siemroth from the University of Essex, investigated whether the gender of institutional fund managers affects their investment strategies. Their key finding: female fund managers invest their capital differently than their male colleagues. While the former group prefers to invest in sectors such as healthcare, male fund managers are increasingly focusing on sectors such as energy. An analysis of consumption and investment patterns from 2003 to 2019 as part of the study shows that this behavior is closely linked to private consumption preferences.