Female aversion to 'lottery style' investing sees them beat men at stockpicking

A three-year analysis of 2,800 Barclays investors by Warwick Business School found female investors outperformed the FTSE 100 over a three-year period by 1.94%. Meanwhile, men only outperformed by 0.14% above the index.  Professor Neil Stewart, professor of behavioural science, said the biggest difference between the sexes was in risk appetite with female investors less likely to take part in 'lottery style' investing.  This involved male investors speculatively choosing lower-priced shares, which were likely to increase in value while selling off winners and holding onto losses in...