Male and female mutual fund managers employ different strategies but achieve very similar results, according to a study released by researchers at the University of Cologne in Cologne, Germany.

While women may be more methodical, and men more aggressive, in terms of portfolio turnover, researchers who compared the performance of more than 1,000 mutual funds with a single manager during the decade between 1993 and 2003 found that overall, the net return to shareholders of those funds managed by men, compared to those managed by women, was virtually equal.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.