Do Female Mutual Fund Managers Manage Differently?
AbstractWe examine the performance and investment behavior of female fixed-income mutual fund managers compared with male fixed-income mutual fund managers. We find that male- and female-managed funds do not differ significantly in terms of performance, risk, and other fund characteristics. Our results suggest that differences in investment behavior often attributed to gender may be related to investment knowledge and wealth constraints. Despite the similarities between male and female managers, we find evidence that gender influences the decision making of mutual fund investors. We find that the net asset flows into funds managed by females are lower than for males, especially for the manager's initial year managing the fund. 2003 The Southern Finance Association and the Southwestern Finance Association.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Southern Finance Association & Southwestern Finance Association in its journal Journal of Financial Research.
Volume (Year): 26 (2003)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0270-2592
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Atilla Cifter & Dilek Teker, 2013. "Gender differences in macroeconomic expectations: evidence from Turkey," Quality & Quantity: International Journal of Methodology, Springer, vol. 47(3), pages 1793-1801, April.
- Rachel Croson & Uri Gneezy, 2009. "Gender Differences in Preferences," Journal of Economic Literature, American Economic Association, vol. 47(2), pages 448-74, June.
- Daniela Beckmann & Lukas Menkhoff, 2008.
"Will Women Be Women? Analyzing the Gender Difference among Financial Experts,"
Wiley Blackwell, vol. 61(3), pages 364-384, 08.
- Beckmann, Daniela & Menkhoff, Lukas, 2008. "Will Women Be Women? Analyzing the Gender Difference among Financial Experts," Diskussionspapiere der Wirtschaftswissenschaftlichen FakultÃ¤t der Leibniz UniversitÃ¤t Hannover dp-391, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
- Selim Jürgen Ergun & Teresa García-Muñoz & M.Fernanda Rivas, 2010. "Gender Differences in Economic Experiments," ThE Papers 10/14, Department of Economic Theory and Economic History of the University of Granada..
- Huang, Jiekun & Kisgen, Darren J., 2013. "Gender and corporate finance: Are male executives overconfident relative to female executives?," Journal of Financial Economics, Elsevier, vol. 108(3), pages 822-839.
- Brandts, Jordi & Garofalo, Orsola, 2012.
"Gender pairings and accountability effects,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 83(1), pages 31-41.
- Jordi Brandts & Orsola Garofalo, 2010. "Gender Pairings and Accountability Effect," Labsi Experimental Economics Laboratory University of Siena 034, University of Siena.
- Francis, Bill & Hasan, Iftekhar & Park, Jong Chool & Wu, Qiang, 2014. "Gender differences in financial reporting decision-making: Evidence from accounting conservatism," Research Discussion Papers 1/2014, Bank of Finland.
- Hübler, Olaf & Menkhoff, Lukas, 2010.
"Do Women Manage Smaller Funds?,"
IZA Discussion Papers
4771, Institute for the Study of Labor (IZA).
- Hogarth, Robin M. & Karelaia, Natalia & Trujillo, Carlos Andrés, 2012. "When should I quit? Gender differences in exiting competitions," Journal of Economic Behavior & Organization, Elsevier, vol. 83(1), pages 136-150.
- Migheli, Matteo, 2010.
"Gender at work: Productivity and incentives,"
POLIS Working Papers
142, Institute of Public Policy and Public Choice - POLIS.
- Jo-Hui Chen, 2010. "Gender difference and job replacement for mutual fund," Quality & Quantity: International Journal of Methodology, Springer, vol. 44(4), pages 661-671, June.
- Berezinets, Irina & Ilina, Yulia & Muravyev, Alexander, 2011. "CEO and Board Characteristics as Determinants of Private Benefits of Control: Evidence from the Russian Stock Exchange," IZA Discussion Papers 6256, Institute for the Study of Labor (IZA).
- Ndoye Niane, Aifa Fatimata & Burger, Kees, 2012. "Gender and Experimental Measurement of Producers Risk Attitude Towards Output Market Price and its Effects on Economic Performance," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126928, International Association of Agricultural Economists.
- Zahid Iqbal & Sewon O & H. Baek, 2006. "Are Female Executives More Risk-Averse than Male Executives?," Atlantic Economic Journal, International Atlantic Economic Society, vol. 34(1), pages 63-74, March.
- Arbel, Yuval & Bar-El, Ronen & Siniver, Erez & Tobol, Yossi, 2014. "The Effect of Behavioral Codes and Gender on Honesty," IZA Discussion Papers 7946, Institute for the Study of Labor (IZA).
- Francis, Bill & Hasan, Iftekhar & Wu, Qiang, 2011. "The impact of CFO gender on bank loan contracting," Research Discussion Papers 18/2011, Bank of Finland.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.