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When the Finance Minister announced in the Budget plans to start an all-woman bank, it drew some predictable jibes from the male Twitterati. new bank only for women in India? The moment Zara announces its sale, this bank will announce its bankruptcy,[url=http://parajumpersonline.webmium.com/][b]http://parajumpersonline.webmium.com/[/b][/url], said one.
These reactions underline the stereotyping of women and money. Women splurge on shopping,[url=http://duveticaoutlet.albirank.net/][b]http://duveticaoutlet.albirank.net/[/b][/url]. They don get finance because numbers make their pretty heads swim. They get easily conned by get-rich-quick schemes
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Also, the survey has seen an increase in women scores over the three-year period since it was started.
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It is widely believed that women higher risk aversion deters them from achieving high returns.
But a study by consulting firm Rothstein Kass found that female hedge fund managers handsomely beat the global hedge fund index return of 2.7 per cent, by earning a 9 per cent through the third quarter of 2012.
Over a five year period, women led funds outperformed both the HFRX Global Hedge Fund Index and the S 500.
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In the US, a study over a 6-year period found that men trade 45 percent more than women and earn 1.4 per cent less annual net returns (risk-adjusted) than women. The lower return was attributed to the frequent trading by men, driven by over confidence.
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