Female investors are outperforming male investors due to the precautions they take which are fuelled by a lack of confidence , according to King’s College London senior lecturer in finance Ylva Baeckström.
In a recent video released by Timeline titled ‘Why Women Benefit from Financial Advice', Baeckström and Ember Regis Group financial content marketing consultant Robin Powell shed light on the gender differentiations in financial confidence and the impact on investment outcomes. Baeckström said: "Under-confidence is problematic to women because it means they tend not to invest in the first place - and that is a problem. However, when you compare a man who invests with a woman who invests, the women can very often outperform. "This is because men suffer from over-confidence. That can le...
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