Hedge Funds

Why women in hedge funds struggle to succeed: ‘People still idolise the Wolf of Wall Street’

‘My co-founder is male and I can’t even count the number of times that someone referred to him as my boss'

Wednesday 8 March 2023 at 05:01

Even after reaching top leadership positions, women are still fighting for acceptance
Even after reaching top leadership positions, women are still fighting for acceptance Photo: Getty Images

In the high-octane world of the ultra-wealthy, decision-makers preferred a male hedge fund manager sporting a Rolex and wearing a Ferragamo tie.

That was more than two decades ago, when women outperforming men in the sector were routinely ignored, according to Sadie Raney, CEO and co-founder at crypto hedge fund Strix Leviathan.