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PHOTO: VELOUR PRODUCTIONS/AME
Women's wealth
Generally, female investors are less
motivated by this excitement, and are driven
more by opportunities to generate wealth
to provide for family, security and comfort,
the WealthiHer Network Report 2019 found.
WealthiHer surveyed over 2,500 men and
women in the United Kingdom to tease out
the differences between men and women
investors and found women believe men
take more risks with their investments.
Risk tolerance is one of the many factors
that influence investment decisions. Self-
confidence and knowledge of the industry
play a role, along with the perceived
impact of investment and conscious and
unconscious bias in the finance industry.
Despite these issues, there is a global
push to attract more women investors into
financial markets as the gap between the
average wealth of women compared to
men narrows.
The Credit Suisse Global Wealth Report
October 2019 notes that two current
trends are beginning to have an impact,
namely that women are set to "benefit
disproportionately from the rise in the flow
of inherited wealth that is occurring in high-
income economies" and "women's earnings
are rising and more are becoming business
leaders, so the self-made wealth of women
is also rising."
Small's.indd 1 2019-08-12 8:18 AM
11:27 AM
