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According to a recent study, a hedge fund handled by women yields better results. Analysts looked at 82 hedge funds either run or owned by women and found that from January 2007 to June 2013, they produced an average 6 percent return.

That's according to the New York Times, from the results of a new report by business consulting firm Rothstein Kass, called "Women in Alternative Investments: A Marathon, Not a Sprint."

And yet, people are still having a hard time giving more control to women. Women are still having a hard time climbing the upper echelons of finance.  The report also included a survey component, and the numbers are dismal:
Of the women surveyed, only 15.5 percent said their firm was owned or managed by a woman. Among hedge funds in particular, 21.4 percent were owned or managed by women.

About 42 percent of the respondents said their firm had no general partners who were women. And nearly 40 percent of the firms included in the survey had no women on their investment committees.
"There appears to be both behavioral and biological factors that impact women's ability to manage money and make them consistent," according to Sallie Krawcheck in an interview with the Wall Street Journal.

Experts say that women's investing success may be boosted by biological facts, with studies showing that testosterone can make men less sensitive to risk-reward signals.

[Reuters]