Article
Fund Management: Gender mix at top gives an edge
...few think of Wall Street as a bastion of equality...[A] group of Geneva-based money managers...have decided to...launch a long-only, long-term focused equity fund that actively seeks companies with a critical representation of women in key management roles...AMM Finance's Amazone Euro Fund , launched in 2006, seeks to profit from what might seem an obvious, though overlooked, reality: women have a crucial skill set to include in senior management...Amazone Euro Fund is to exploit one basic premise: that firms with a high mix of male and female managers tend to outperform over time. [refers to L'Oréal, Essilor, Hermes, Swatch, Statoil, PepsiCo, Pearson (owner of Financial Times)]