Although men continue to dominate Wall Street, women are beginning to break into the higher echelons of mutual fund companies. Women have long served as marketing executives and portfolio managers at mutual fund companies and in the past few years, a handful have moved from these jobs into top positions.
Mutual Fund Market News spoke to five women recently made presidents of mutual fund companies and learned that most are themselves surprised about their success. None of them actually set out to head up a financial services company. They attribute their success largely to timing, unique backgrounds and joining firms that encouraged their development.