Sox First

Are women better fund managers than men? And is Warren Buffett actually a woman trapped inside a man's body?

That seems to be be The message in this fascinating interview with Pomegranate Capital's Susan Solovay, published in The Independent.

Pomegranate Capital, a fund of hedge funds, invests exclusively with women hedge fund managers and Solovay maintains that wiomen are actually better fund managers than men. she says men tend to trade their portfolios more often than woman, and the transaction costs eat into earnings. Furthermore, women tend to take a broader view, just like the Sage of Omaha.

In other words, women earn and men churn.

• Hedge fund managers and the growing income gap
• Hedge fund bonanza
• Breaking the glass ceiling
• Why managers fail to do the right thing