If women invested at the same rate as men, the global fund management industry may have had more than $3 trillion in additional cash to allocate last year, according to a new study.
The analysis, commissioned by BNY Mellon Investment Management, shows the industry “overwhelmingly targets men.” It also found that women are more likely to regard investing as “inherently high-risk” and tend to set aside cash for investments only if they make at least $50,000 a year.
