Fourteen London-based women are among those named in the 50 Leading Women in Hedge Funds survey, published by the Hedge Fund Journal and PricewaterhouseCoopers.

The study comes just three months after research showed female hedge fund managers have performed substantially better than men. Chicago-based Hedge Fund Research found that female managers produced average annualized returns of 9 percent, versus 5.82 percent for the men From January 2000 through May 31, 2009.

Three women received a special mention in the top 50 survey including: Leda Braga of UK manager BlueCrest Capital Management, who leads a team managing more than $9bn (€6.6bn); Mina Gerowin, who leads Paulson Europe, the European arm of US manager Paulson & Co; and Elena Ambrosiadou, who founded Ikos Asset Management in the UK in 1991.

Hedge Fund Journal: In an industry that celebrates the accomplishments of alpha males, it is often overlooked how many successful women are working in key roles in hedge funds. But despite estimates that women manage only 3% of the $1.5 trillion invested in hedge funds, a growing number of entrepreneurial, innovative and accomplished women now work in a variety of roles with funds, service providers and investors. This survey of 50 Leading Women in Hedge Funds, sponsored by PricewaterhouseCoopers1, shows how women are making an increasing contribution to the industry’s development and success.

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