When it comes to investment performance, gender, it seems, does matter.

From January 2000 through May 31, 2009, women who ran hedge funds delivered nearly double the investment performance of their male counterparts. Female managers produced average annualized returns of 9 percent, versus 5.82 percent for the men, according to Chicago-based Hedge Fund Research, which tabulated the data for the New York–based National Council for Research on Women (click here to download a PDF of the report, Women In Fund Management). ....

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