Har fondförvaltarens kön en påverkan på avkastningen?
Does the fund manager's gender have an effect on the return?
Fund managers are a male-dominated profession, however, a majority of previous research shows that women have a inferior risk-adjusted return than men, while at the same time they tend to be more risk-averse than male managers. Using this study, it was investigated whether gender has an impact or what other factors had an impact on the fund performance. By implementing a qualitative method through several regression analyzes between different performance measures, the factors that show a significant effect on the fund's risk-adjusted return will be studied. The study showed no significance between male and female fund managers for neither the fund's risk-adjusted return or level of risk. The study shows a significant positive effect for a higher level of education which gave a higher risk-adjusted return, together with a lower level of risk. Fund managers with their allocation in Sweden took more risk than foreign ones. The conclusion from the study shows that the gender of the fund manager's does not affect the fund's risk-adjusted return, but factors such as a higher level of education and choice of region have an influence on the fund.