Money and the power: female inve

Today is International Women’s Day, which always brings a flood of reports about gender inequalities in everything from health outcomes to pay.

• a flood of reports 报告像潮水般涌来

But one gap is gradually narrowing: that in wealth.

According to the Boston Consulting Group, between 2010 and 2015 private wealth held by women grew from 51trn.

By 2020 they are expected to hold $72trn, 32% of the total (up from 28% in 2010).

Investment firms are starting to spring up to focus on rich women, and traditional money managers are going out of their way to set up dedicated【专门的，专注的】 teams for female clients.

Serving them will require new skills: studies suggest that women are more risk-aware than men, less likely to be deluded【迷惑】 about their financial competence【能力】, and more interested in “sustainable” investing (aiming not just at financial returns but also at social or environmental goals).

The planet will profit from the rise of the female investor.

Mar 8th 2020