Meredith Jones is an alternative investment consultant and author of Women of The Street: Why Female Money Managers Generate Higher Returns (And How You Can Too).
In this interview, Meredith discusses her research in alternative investments, pointing to significant outperformance of women investors, both retail and professional. Her 2013 study for Rothstein Kass (now KPMG) showed women had a +6 percentage point differential over a 6.5 year period. She also discusses about other studies that have been done on thousands of brokerage accounts and millions of IRA accounts, among others, both of which also demonstrated significant outperformance from female investors, as additional evidence of what she calls “cognitive and behavioral alpha.”
What explains the outperformance?