Women investors outperformed men by an average of 0.81% over three years, thanks to four common underlying behaviours, Hargreaves Lansdown has said.
The platform looked at the data from its 1,015,000 investors, from August 2014 to 2017 and predicted if this performance was replicated over 30 years, women's portfolios would be a quarter (25%) larger than men's on average. Hargreaves Lansdown found four underlying reasons from the data, as to why women were ‘investment naturals': 1. Women are more likely to have naturally diverse portfolios More than two-fifths (44%) of women had either most or all of their portfolio in funds - compared to just less than two-fifths (38%) of men. This naturally diversified their portfolios more ...
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