Today is International Women’s Day! We stand in solidarity with and express our gratitude to the women in our lives, especially those who are constantly innovating and setting trends in the financial sector.For a long time, women have been underrepresented in the fields of finance and trading; in the EU, only 12% of investors are women. However, this situation is undergoing a noticeable shift, as more female investors and professionals are entering the financial trading sector.
Here are three interesting facts about women and financial markets.
- On average, women outperform men by 0.4% in their investment returns. However, only 9% of female investors believe they have better investment judgment than men.
- According to data from Fidelity, the number of women investing outside of their retirement accounts has increased by 23% since 2018.
- According to the survey, 50% of women said they have become more interested in investing since the COVID-19 pandemic than they were before.
On International Women’s Day 2023, let’s draw inspiration from the world’s leading businesswomen. Here are seven inspiring quotes from female business leaders:
” Hard work is irreplaceable. There may be a bit of luck along the way, but nothing can replace real hard work. Be the first to start and the last to finish. ” — Mary Callahan Erdogan, CEO of Asset and Wealth Management, JPMorgan Chase.
” The world of money is a world shaped by human behavior, and nobody has the vaguest concept of the future. Remember this word—nobody! ” — Linda Bradford Raschke, LBR Asset Management.
” If option A is unavailable, then let’s go all out on option B. ” – Sheryl Sandberg, Chief Operating Officer, Facebook
” If you clearly understand your beliefs, you have a great foundation to create markets. ” – Ginni Rometty, Chairman, President, and CEO, IBM
” I am a believer. I am one of the few people standing before you today from a large financial services company who have not given up on digital currency . ” – Abigail Johnson, Chairman and CEO, Fidelity Investments
” 2023: The cornerstone of the new economy. If we can reach that known interest rate environment, even if inflation is still a bit high, I think we can operate in that environment for the long term. ” – Adena Friedman, President and CEO, Nasdaq
” With enough data, you can truly change the way you invest. It’s a way to engage with companies; this is the new face of sustainability—it’s ‘corporate engagement.’ ” — Suni Harford, President of UBS Asset Management
