While previous data often portrays female investors as more risk-averse and unconfident compared to male counterparts, new research shows high-net-worth (HNW) women have similar risk profiles to men.

Wealth specialist JBWere’s whitepaper titled, The Growth of Women and Wealth, has put into question the investment appetite of Australian HNW female investors.

The paper, developed in conjunction with CoreData, discovered that female investors have similar risk profiles to their male counterparts.

One in five female investors (21 per cent) identify as an aggressive investor, the same proportion of men (20 per cent).