Female bond-fund managers win on returns as they fight for jobs

Data shows that female fixed-income portfolio managers outperforms men. Still, just 14 US debt funds were female-managed in September 2017, against 47 in 2004.

Dorrit Vanglo, CEO of asset manager LD, is one of the few female executives in the asset management industry. | Photo: Lennart Søgård-Høyer

BY LIZ CAPO MCCORMICK, BLOOMBERG NEWS

Published: 16.04.18 at 13:27

Fixed-income mutual funds run by women have outperformed funds run by men since 2003, so you’d think the number of them would be rising.

But the opposite is true: Only 14 U.S. debt funds were managed exclusively by women as of September 2017, compared with 47 in 2004, according to Morningstar Inc. And the share of women overseeing bond or equity assets has stalled at about one in 10 since 2015.

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