'I started in my 20s and made £8,000': Why women are often better investors than men
It can be "largely attributed to culture", according to Gillian Fleming, co-founder and managing director of UK-based Mint Ventures, a women-led angel investment firm. "Men
It can be "largely attributed to culture", according to Gillian Fleming, co-founder and managing director of UK-based Mint Ventures, a women-led angel investment firm. "Men historically have been more likely to make family investment decisions, and women have also historically not owned the balance of wealth, but that is changing now," she says.
"Also, money and wealth creation is not a topic that women often discuss, and we would like to change that." Teleri says she has noticed a shift of late. "Investing is definitely something that women are talking about more, which is always a good thing," she says.
"That's the case with my friendship group." When women do invest in stocks and shares, analysis by Fidelity International found that over three years its female personal investing customers recorded cumulative returns of 50%, compared with 47% for men. The analysis does not identify the reason for the difference, but why may it be the case?
One possible clue to women's slightly higher long-term returns lies in how often they buy and sell their investments, with Barclays data showing that women trade around half as frequently as men.
The BriefWire