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Author
Białomazur Iwona (Szkoła Główna Handlowa w Warszawie)
Title
Czy płeć osoby zarządzającej ma wpływ na styl funduszu inwestycyjnego oraz stopę zwrotu?
Does the Sex of Fund Manager Influence the Fund's Style And Rate of Return?
Source
Finanse, Rynki Finansowe, Ubezpieczenia, 2016, nr 1 (79), s. 535-543, bibliogr. 21 poz.
Issue title
Rynek kapitałowy i zarządzanie wartością
Keyword
Fundusze inwestycyjne, Ryzyko, Stopa zwrotu, Płeć, Wolumen obrotu
Investment funds, Risk, Rate of return, Gender, Trading volume
Note
streszcz., summ.
Abstract
Pomimo licznych doniesień dokumentujących większą awersję do ryzyka wśród kobiet niż mężczyzn, osoby zarządzające funduszami inwestycyjnymi obydwu płci podejmują podobne ryzyko. Nadmierna pewność siebie, stereotypowo przypisywana mężczyznom, powoduje wyższy poziom obrotów lecz nie wpływa na różnice w uzyskiwanych stopach zwrotu. Kobiety i mężczyźni osiągają podobne rezultaty stosując odmienne style inwestowania, jednak negatywne stereotypy na temat finansowych kompetencji kobiet powodują, że udział kobiet w zarządzaniu aktywami jest niewielki na świecie i wręcz znikomy w Polsce. (abstrakt oryginalny)

Despite numerous articles that evidence greater risk aversion among women than men, the managers of both sexes alike take a similar amount of risk while managing mutual funds. Optimism bias, stereotypically attributed to men, does not seem to have negative influence on the funds' returns, however is apparently contributing to different levels of trading volume. Women and men achieve similar results using different styles. Companies that manage mutual funds should educate their participants that female managers are not outperformed by their male colleagues; moreover, women offer more consistent, less variable returns. (original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
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Bibliography
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ISSN
2450-7741
Language
pol
URI / DOI
http://dx.doi.org/10.18276/frfu.2016.79-42
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