Fewer Women Are Managing Funds in the U.S.
Gender parity in the sector hasn't improved much since 2008.
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Four out of five funds globally operate without any women managers, according to a report released this week by Morningstar Inc.
Gender parity has not improved much since 2008, and in some countries — including the U.S. — it has gotten worse, according to the study of 26,340 mutual fund and ETF managers in 56 countries conducted by Morningstar. In the U.S., 9.7 percent of fund managers were women at the end of 2015, down from 11.4 percent prior to the financial crisis. In comparison, women make up 36 percent of lawyers and 33 percent of doctors in the country, according to the report.