TAIPEI, Taiwan — Only 14 percent of financial funds in Taiwan are managed by women, according to a new report looking at gender equality in the financial sector. Of the 25,227 funds tracked by the group, only 3,691 are run by a woman, a team of women or a mixed team of men and women, with the rest run by men or all-men teams. In Singapore and Hong Kong, "women make up one in five fund managers … nearly double the global average," the report says. "But just 1% of US fund managers are women either in sole charge of a fund or working with a team of other women managers, in charge of just 2% of the country's fund assets." The report came a month after the Directorate General of Budget, Accounting and Statistics said that women in Taiwan earned 14.5 percent less than men.

Source: The China Post August 10, 2017 00:00 UTC