Ep 326: Higher Returns, Lower Risk
HerMoney with Jean Chatzky
Jean Chatzky Her Money
4.7 • 1.5K Ratings
🗓️ 6 July 2022
⏱️ 56 minutes
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| 0:00.0 | You're listening to an AirWave Media Podcast. |
| 0:04.0 | We know that there's a direct correlation between gender equality measured on multiple |
| 0:12.0 | indexes and the stability of investments. |
| 0:15.0 | And so while the data is more robust at the international level on these issues, |
| 0:20.0 | we know that it's going to play out at the state level in the United States as well. |
| 0:24.0 | Are you getting the attention you deserve from your financial advisor? |
| 0:28.0 | Call our partner, Edelman Financial Engines at 833-304-PLAN |
| 0:34.0 | or visit planefe.com slash her money. |
| 0:38.0 | As a her money listener, you'll get a complimentary financial plan to help you decide. |
| 0:42.0 | Hey everybody, I'm Gene Chatsky. |
| 0:44.0 | Thank you so much for joining us today on her money. |
| 0:48.0 | So I just want to start with some disturbing statistics. |
| 0:53.0 | Today, 97.8% of allocated investment capital is managed by men. |
| 1:02.0 | Only 41 of the Fortune 500 companies of which there are, yes, 500 are led by women. |
| 1:13.0 | Just 14% of private equity fund managers are women and less than 3% of venture capital |
| 1:23.0 | is directed toward enterprises run by women. |
| 1:27.0 | And yet we know that when more women are involved in financial decision making in households, |
| 1:35.0 | in governments with major corporations, with investment funds, money is managed |
| 1:41.0 | more efficiently, more effectively, investments are more profitable. |
| 1:46.0 | And companies and governments make decisions that better benefit individual investors |
| 1:52.0 | and the economy overall. |
| 1:55.0 | This is what our guests today refer to as the XX Edge or the Double X Edge. |
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