Different alleles, or versions, of the variant near the KLF14 gene cause fat-storing cells to function differently.
"At the whole-body level, these differences between alleles are not associated with changes to overall weight or body mass index, but they do affect women's hip circumference," said Kerrin Small, Head of the Genomics of Regulatory Variation Research Group at King's College London and lead author on the study.
"Previous studies have shown that on average, women who carry fat in their hips - those with a 'pear-shaped' body type - are significantly less likely to develop diabetes than those with smaller hips.
The variant is located near the KLF14 gene, which encodes a protein that Small and colleagues discovered directly regulates the expression of hundreds of other genes in fat tissue.
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KLF14 is maternally imprinted, which means that a person's expression of KLF14 and the resulting effects on fat tissue are determined by the version of the gene inherited from his or her mother; the father's allele does not affect levels of this regulatory protein.
However, when Small and her colleagues focused on a more specific population, women who inherited the allele from their mothers, the effect size grew.
The researchers are currently exploring why the variant only seems to affect women. They have found that women have higher baseline levels of the KLF14 mRNA transcript, a precursor to the KLF14 protein, than men.
Another hypothesis is that a different, sex-specific protein may interact with the KLF14 protein, enhancing or diminishing its effect in men or women.
The research was presented at the American Society of Human Genetics (ASHG) 2015 Annual Meeting in Baltimore.