Re:Gender works to end gender inequity by exposing root causes and advancing research-informed action. Working with multiple sectors and disciplines, we are shaping a world that demands fairness across difference.
While the pinstripe crowd fixates on troubled assets, a stalled stimulus and mortgage remedies, it turns out that a more sure-fire financial fix is within our grasp -- and has been for years. New research says a healthy dose of estrogen may be the key not only to our fiscal recovery, but also to economic strength worldwide.
What if there were more women leaders on Wall Street? This is the question raised by a new report from The National Council for Research on Women, a network of 120 leading U.S. research, policy and advocacy centers. The report, entitled “Women in Fund Management: Achieving Critical Mass and Why It Matters,” takes a close look at the lack of women in leadership roles in fund management.
There has been a lot of debate and discussion about whether federal appeals judge Sonia Sotomayor, who President Obama has nominated for the Supreme Court to replace retiring Justice David Souter, should allow her ethnic background to influence her rulings. In other words, does race matter? Sotomayor, if approved by the Senate, would become the first Hispanic on the U.S. top court. Along those same lines, does sex matter?
It has been one year since the collapse of Lehman Brother and the ensuing economic crisis that forever changed Wall Street. A recent report by the National Council for Research on Women examined whether the meltdown would have been less severe if more women had been involved in fund management. New Hampshire-based mutual company Pax World is mentioned in the report. The company's CEO, Joe Keefe, joined NECN's Business Day to share his thoughts on the report's findings.
It’s generally known that men are hard-wired to be bigger risk takers than women (due to all that extra testosterone they have sloshing around). Interestingly, though, in a profession that is all about risk — hedge fund manager — testosterone may not be such a good thing. A new study by Hedge Fund Research found that, from January 2000 through May 31, 2009, hedge funds run by women delivered nearly double the investment performance of those managed by men.