IFC’s latest study shows that a more diverse panel of asset managers may be the key to bigger profits. Henriette Kolb, Head of IFC’s Gender Secretariat, said an ideal mix of at least 30 percent of women in an investment team can lead to substantially bigger yields for the company. BusinessWorld reports.
“The median gender balanced fund outperformed median unbalanced peers by as much as 20% in annual returns,” the report read. “Our research suggests this is primarily driven by enhanced investment decision making and expanded deal sourcing through broader entrepreneurial networks.”