Recent indicators show that women are increasingly eager to put their money to work outside of traditional portfolio offerings.
For instance, women accounted for 31.2% of angel investors in the first two quarters of 2022, a slight increase from 30.3% in the same period in 2021, according to a report by Jeffrey E. Sohl at the Center for Venture Research at the University of New Hampshire.
This is "an encouraging sign that women angels are an increasing active segment in the angel market," especially as women are predicted to control the majority of the net worth in the U.S., the report said.
If you have the money and inclination, angel investing is "a window to innovation across the economy," Jo Ann Corkran, co-CEO and managing partner of Golden Seeds, said Thursday at CNBC's Financial Advisor Summit.
It doesn't depend on the market cycle and innovation is always happening, she added.
Persons:
Jeffrey E, Sohl, Jo Ann Corkran
Organizations:
Center for Venture Research, University of New, Golden, CNBC's Financial
Locations:
University of New Hampshire, U.S