by Hilary Kramer | May 20, 2013 10:00 am
There has been a “battle of the sexes” going on in the investing world for years, and I’m not about to turn it into a war by taking sides. With hedge funds, it’s all about performance, and I can say that as a woman who has run hedge funds, I’m proud of the job I’ve done and the performance we’ve turned in.
This is why I found a Yahoo’s (YHOO) Daily Ticker article called, “Female Hedge Fund Managers Ruled the Markets in 2012” very interesting. Apparently a study found that female managers outperformed males last year, as well as the global hedge fund index for the last five years. The article stated that women were better at this type of investment for two reasons: Women are more equipped to handle market volatility, and they also run smaller hedge funds, which allows them to better navigate the market.
I have always had a passion for the stock market, investing for as long as I can remember. Even back in high school, I was following the S&P 500 and the Dow Jones far more closely than my history classes. I worked part-time at an Army base during summers in order to earn money to invest. I continued to work even as I was a full-time student in college to keep the investment wheel spinning. Like I said, I love investing!
After years of working on Wall Street, I moved into managing hedge funds. I was the Chief Investment Officer (CIO) of a $5 billion global private equity fund, and the founder and CIO of the GreenTech 21st Fund, which I grew to $150 million.
By the age of 37, I made enough money to retire for the next 50 years. But, I love what I do far too much to quit. More than anything, I wanted to help individual investors grow their wealth using the very same strategies and techniques that had worked so well for me through the years. I’ve been blessed to do that with several investing services, but I also wanted to help individual investors employ the same sophistication, tactical flexibility and risk management used by professional hedge fund managers.
After all, why should this type of investing be available only to the “elite” class? Everyone should have the opportunity to run their own hedge fund portfolio! So I decided to create a service that would allow individual investors to invest like a hedge fund, but without all the exorbitant fees and minimum required capital that accompany them.
And after some hard work, I began the Absolute Capital Return Portfolio a few months ago. The entire goal of the service is to pick the right blend of investments (stocks, bonds, ETFs, currency, etc.) that are properly allocated to profit regardless of the market conditions. And not to toot my own horn, but this service has done pretty well. After just three months, my portfolio has over a 4% return, which works out to 22.7% on an annualized basis. And that’s while taking on less risk than the broader market and having hedges in place to protect us if the market gets choppier.
Are women more up to the task than men? I have no clue. I’ve known men and women who were brilliant investors, and I’ve known men and women who weren’t so good, either. One of the beauties of investing is that it doesn’t matter who’s doing the investing, only that he or she makes the right decisions that grow your wealth every time. That’s why I give my all every day to every person who joins my service, and that’s one thing that will never change.
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