Are women accepted as mutual-fund managers?
Answers: Yes. The Payden fund is managed by a woman and it is one of the best funds around. Karen Finerman runs a very good hedge fund too
I would bet two bottles of Grape Nehi that there are several women Mutual Fund Managers.
Just a guess though.
Of course.
Check this link for some interesting insight.
http://www.nytimes.com/2006/01/29/busine...
Yes, but I have noticed an interesting observation. At www.marketocracy.com they maintain a website in which the best investors are paid based upon risk adjusted performance over time. Rarely is a women in the top of the list and then it is only one at any given moment. What is interesting is that the staff at Marketocracy do not collect gender data, but you can pick it up through the message boards so you can see who is who. Further, the question is actually asked on the message boards.
Mutual fund management is a performance based hiring process not a gender based process. This creates a second question. Fund management is not a 40 hour per week job. Very few women are willing to work, statistically speaking, the hours required for years at a time instead of raise children. There is a good book called, "Why Men Earn More," by a former director of the National Organization of Women. He found that when 23 factors, 22 of which are behavioral, are accounted for in which there are gender differences, men and women earn either the same or women earn slightly more. It turns out that the non-behavioral factor is that young genetically well endowed women are paid more than their male or female peers and this pay differential lasts for life.
He wrote the book when he realized, at the time, that women were paid 59 cents for every dollar a man makes. He realized he should be able to hire a female only firm and get rich underpaying them and getting the same work. Of course that doesn't make sense or people would have tried it. Women are paid less because they engage in behaviors that lower the marginal product of their labor. The average female employee is worth less than the average male employee, based upon behavior alone. That is a discussion of the average.
Now to glass ceilings. The brokerage industry, in my experience, has an unusual glass ceiling. In Japan, until ten years ago, you had to be female to become an insurance agent. Female sales people are, based on industry studies, more likely to get in the door to have a chance to make a sale. Since men tend to not want to offend a women and women like to see women succeed, women get more chances at success in sales by the customers. A person who excels at sales is someone you do not want to promote. If someone generates $100,000 in profits for you a year, or a $1,000,000 or more, why would you promote them?
Certainly - there are many.
WHATS A 401K vitally??
I'm a freshman in big school and own made a few investments. Although I'm not worried about my 401k, I want to know what it is because I'm trying to apprehend more business terms and stuff.Answers: It's vitally a pre-tax savings plan that you set up beside the company that you are working with (if they own it that is). Most companies will match a dependable percentage of your contribution (I believe the average I've seen contained by my life is 50% up to 6% of your contribution. Which technique, by saving 6% of your pre levy earnings, the company will contest 50% of that, so you're really saving 9% total).
It is a system endorsed retirement plan designed to help you self direct a retirement fund outside of social payment.
The sponsorship comes from tax incentives deferrals.
High university freshmen cannot participate surrounded by 401(k) plans. Here's some info: www.401k.org.
Online stock trading is best provided by which of the following banks, SBI, HDFC or ICICI?
Answers: ICICI is the best if you know how to keep tab on your transactions and the fees. Reliance is upcoming and is promising.
The matter of fact is that any institution is good as long you are alert. The person behind the service is also human. and to err is human.
It is upto you to keep tab and report the deviations and enjoy the fruits of your financial skills. The alert person is always succesful as he is updated with the transactions he does
Well hold up you guys..one thing you are not talking about are the fees and as wise investors "Fees" are everything.
The stock is the same stock and the price of the stock is the same no matter where we buy it but some of the banks charge higher fees and also you have to have more money on deposit with them or minimum balances tied up with them to buy.
I have seen them all and my fav is sharebuilder.com
ICICI is the best, you can also invest in mutual funds online,buy KVP,NSC not the case with other sites.