There’s been bad news for women in financial services lately, notably reports on the women-unfriendly confines of the International Monetary Fund (IMF), for example, that surfaced following Dominique Strauss-Kahn’s arrest for sexual assault. Perhaps surprisingly, there seems to be one area in financial services where women are thriving: hedge funds
A wide range of talented women populate the hedge fund sector, and women can look forward to ample opportunities in coming years as the industry grows, according to a new Hedge Fund Journal study sponsored by Ernst & Young.
The 2011 study, 50 Leading Women in Hedge Funds, features well-established women in senior operational roles at single manager hedge funds and funds of funds, as well as others in prime brokerage, fund law and other areas of advice and consultancy. The key selection criterion was the level of responsibility, either through managing money or a business (or both). Hedge Fund Journal also sought to “recognize women who have led by example and those who have a talent for innovation.”
The Hedge Fund Journal survey anticipates the imminent release of AdvisorOne’s Top 50 Women in Wealth—a celebration of leaders in wealth management who are forward thinkers and who inspire other by their excellence.