Women who invest their money achieve slightly higher long-term returns than men, according to new analysis. However, a separate report indicates that only about a quarter of UK women have investments, in contrast to approximately 40% of men.
A study by consumer finance website Boring Money found that 26% of UK women invest, a figure that drops to 23% for those under 45. For men, 41% invest overall, remaining steady at 40% for those under 45.
One possible reason for women's slightly higher long-term returns could be their trading frequency. Barclays data suggests women trade around half as frequently as men. Joanna Floyd, a business psychologist, noted that studies show male investors trade more, chasing higher returns, while women achieve higher returns.
Gillian Fleming, co-founder of Mint Ventures, suggests that women are often more risk-aware. Anna Macdonald, from Hargreaves Lansdown, added that women appear to place greater weight on where their money is going and its potential impact, as well as ensuring an investment is right for them.