Year
2025
Authors
RAMOS Sofia, LOBAN Lidia, BASELGA-PASCUAL Laura, GOITIA-BERRIOZABAL Leyre
Abstract
This chapter examines the main characteristics of equity mutual funds managed by women in Europe. Our results highlight the significant role female fund managers play in promoting sustainable investment practices. Specifically, our findings suggest that female managers tend to adopt lower-risk strategies, favouring options with reduced ESG-related risks. Additionally, funds managed by women are more often categorised as Article 8 under the EU Sustainable Finance Disclosure Regulation (SFDR), while they are less commonly designated as Article 9, which explicitly focuses on sustainable investments. Furthermore, portfolio diversification, fund age, and fund size positively correlate with female management, whereas geographical diversification and size variance show a negative correlation.
LOBAN, L., BASELGA-PASCUAL, L., RAMOS, S. et GOITIA-BERRIOZABAL, L. (2025). Empowering sustainable finance: The impact of women in European equity fund management and ESG integration. Dans: Francesco Gangi, Daniele Angelo Previati, Flora Sfez eds. Sustainable Finance and Society: Grand Challenges of the New Millennium. 1st ed. New York: Taylor & Francis.