Scottish Daily Mail

Fe­male-only funds from ASI

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ONE of the UK’s big­gest as­set man­agers is of­fer­ing clients the chance to in­vest solely in hedge funds run by women.

Aberdeen Stan­dard In­vest­ments (ASI) has launched a plat­form al­low­ing in­vestors to track dif­fer­ent se­lec­tions of hedge funds. One of th­ese will fo­cus en­tirely on the per­for­mance of women-run hedge funds.

The fea­ture will ap­peal to the grow­ing num­ber of in­vestors who want to en­cour­age di­ver­sity in the in­dus­try, as well as those who be­lieve greater di­ver­sity leads to bet­ter re­turns on their money. Fe­male hedge fund man­agers such as Cather­ine Nicholas at Nicholas In­vest­ment Part­ners, Lan Wang Si­mond at Pictet, and Massi Khad­je­nouri at Kite Lake Cap­i­tal have all pro­duced stel­lar re­turns this year.

More broadly in the in­vest­ment in­dus­try, re­search by Gold­man Sachs ear­lier this year found that fe­male stock-pick­ers were far out­per­form­ing their male peers dur­ing the pandemic. Rus­sell Bar­low at ASI said the new plat­form was ‘gen­uinely in­no­va­tive’.

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