Hedge funds based in the Asia-Pacific region employ women in 11 per cent of C-level positions, higher than managers in North America and Europe, according to research by Preqin.
By comparison, North America employs 10.9 per cent, while Europe-based managers have the worst representation of women in senior roles, with only 6.6% held by females. Looking at specific countries, Hong Kong has the best display of gender equality; almost 13% of senior roles at single-manager firms are held by women, and 28% at fund of hedge fund managers.
The figures though, highlight that more needs to be done. Single-manager hedge funds globally only employ women in one-in-ten senior roles. This improves slightly for funds of hedge funds (11.1%), but for CTA managers the representation is less than 1 in 20. Looking at representation by assets under management, mid-sized firms (those with AUM of USD500m-USD999m) have the best proportion of 13%, while managers with USD5bn or more in assets employ women in only 7.9% of C-level positions.
