"Women outshine men as better investors"

Mon, 06 Jun 2005

Women investors are outshining male investors according to research by DigitalLook.com.

The financial website found that women investors seem to have more success playing the markets and that they are better at managing successful share portfolios .

Women investors have also proved to be fully capable of mastering both falling and rising markets.

Andy Yates, director of the website, confirmed: "Women really are the better sex when it comes to share investing."

"While men tend to take more risks with their hard earned savings , women take a more balanced and considered view and time again it pays dividends," he said.

The average woman investor's portfolio has improved by more than 17 per cent over the last year, compared to the 13 per cent improvement by the average male investor's portfolio.

Merryn Somerset-Webb, editor of Money Week, said that successful investing is not necessarily about being particularly clever, saying "it is all about temperament, and it appears that very often women have a better temperament for it than men".

The research also showed that women have continued to back retail stocks but stayed away from investing in troubled chains like Marks &Spencer.

Male investors on the other hand continued to invest in stock market 'fads' like as mining and oil and gas stocks, which have reported sharp falls recently.

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