Women who want to manage money seem to be having better luck doing it someplace other than Wall Street.
US firms with the highest share of female portfolio managers are located thousands of miles from Manhattan, according to new Morningstar research. Dodge & Cox and Charles Schwab — both with headquarters in San Francisco — are top ranked at 30 per cent and 28 per cent, while Franklin Resources, with $724 billion in assets as of June 30, is tied for the third and based in nearby San Mateo, California.
Academics, consultants and some of the women entrusted
US firms with the highest share of female portfolio managers are located thousands of miles from Manhattan, according to new Morningstar research. Dodge & Cox and Charles Schwab — both with headquarters in San Francisco — are top ranked at 30 per cent and 28 per cent, while Franklin Resources, with $724 billion in assets as of June 30, is tied for the third and based in nearby San Mateo, California.
Academics, consultants and some of the women entrusted