A recent Goldman Sachs study notes that during this year’s turbulent market, female managers have outperformed men by over 1% even adjusted for risk. Sadly, women are still a small minority in the industry with just 3% of all mutual funds lead by a female team. The full article can be found here.
Happily for us, we have some outstanding female investors including the legendary Alice Handy, our very own Danielle DiMartino Booth, Houston’s own Bryn Talkington and CIO Angie Knighton speaking at our virtual State of the Markets this year.
We have broken the event into 2 separate sessions on different days, and you are welcome to attend one or both events. More information on the events may be found here. As always, this event is our biggest fundraiser for the Young Women’s Preparatory Network and we have moved our usual silent auction to Rally Up this year. We have some wonderful items and of course the proceeds go to benefit YWPN. The link to the auction items can he found here.
A recent Forbes article explores the Queen Bee phenomenon where women in positions of power are hard on their younger female colleagues. New thinking on the subject notes that the behavior comes from the senior women trying to survive in male-dominated environments where the path to the top ranks is defined by how masculine one behaves. The research notes that there is nothing wrong with these women, but rather company culture is what needs to change. The full article can be found here.
This Wednesday we are lucky to have Chasity Crawley who will be presenting on the topic of how to manage difficult conversations. They are hard enough in person, and even more so when we are all working in a virtual world. To find out more, please click here.
I would ask each of you to consider corporate sponsorship of TXWSW. Benefits include attendance at our flagship events and recognition for your firm. And most importantly, you help us support the life-changing work of the Young Women’s Preparatory Network. To learn more about YWPN, you can find a short video here. To learn more and sponsorship, you may find our sponsor information here. Additionally, we would be happy to create a custom sponsorship for you. Please contact Bianca King at developmentdirector@txwsw.com
Kind regards
Christine
