Reading Time: 4 minutesFemale money managers consistently outperform their male counterparts, according to a recent study. Blame it on testosterone! Men's perception of greater power in the workplace, due to higher testosterone levels, is why women outpace them when it comes to investment returns, researchers say. Female money managers consistently outperform their male counterparts, and social scientists say this unbalanced power dynamic is one reason why. But, they add that eventually, as the power balance evens out in the workplace, women may lose some of that edge. Men's higher testosterone levels lead them to trade more and take riskier positions. "Men can become … Read more
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