It’s no secret that men have ruled finance and business for the past gazillion decades. At best, women have often taken just a side role in the world’s corporate board rooms. “Gender Diversity” really meant having one or two token women on a corporate board for compliance issues or to make some investors happy. Again, the role was more of a superficial one. Men have historically made the major decisions.
These days, that’s changing, and more women are filling big-time positions at the world’s largest corporations. That’s a great thing. And we aren’t just talking about it for diversity’s sake.
It turns out that ‘girl power’ can power your portfolio to better returns as well. There have been plenty of academic studies showing that women breaking the glass ceiling has resulted in higher profits and dividends for investors.
In the end, you just can’t afford to be sexist with your portfolio anymore.