New Report Unveils How Women are Investing and Spending in 2013

Barbara Stewart is a CFA charterholder who is passionate about her research work re: women and finance. Barbara has been in the investment industry over 20 years and she is a Portfolio Manager at Cumberland Private Wealth Management Inc. (CNW Group/Barbara Stewart)

Canadian portfolio manager Barbara Stewart releases ground-breaking research into how women are pursuing their passions and investing for the future

TORONTO, March 8, 2013 /CNW/ - New research has found that women are allocating their time, money and energy to both traditional investments like real estate, but also personal causes related to family, themselves and the world at large.  According to a new white paper, Rich Thinking: A Global Study How Smart Women are Investing/Spending their Resources in 2013, by CFA® charterholder Barbara Stewart, women are not waiting until retirement to pursue their dreams: they are devoting considerable resources to their families, themselves, and saving the world.

These findings, released today to coincide with International Women's Day, are the result of in-depth interviews that were conducted throughout 2012 with almost 100 diverse and accomplished women living around the world—from Toronto to Tel Aviv, from Singapore to Stockholm, and from Paris to Istanbul.  The study builds on Stewart's acclaimed 2011 white paper, Rich Thinking: A Guide to Building Financial Confidence in Girls and Women, for which she conducted a survey of 50 globally successful women, exploring how they learned about money and success, mainly through personal stories. Her latest research highlights excerpts from her interviews looking at women's investment habits and trends.

"The most important finding of this year's Rich Thinking study was that women are not waiting for retirement to begin pursuing the interests that they are passionate about: they are defining, creating and financing their dreams now," says Barbara Stewart, CFA and Portfolio Manager at Cumberland Private Wealth Management Inc. "And traditional asset mix charts do not tell that story: 'investing' can take many forms, not all of which show up on a balance sheet. The majority of women are deeply engaged in the pursuit of various personal causes and how they allocate their time, energy and money is aligned with what matters most to them."

"The objective of my new white paper is to present the causes of these accomplished women thematically, so that any reader can absorb the life lessons and sage advice that constitutes the financial wisdom of successful women globally," continues Stewart.

According to the report, women are unapologetically living all parts of themselves and aligning their work with their personal values.

"Women won't wait, and don't wait. Despite the disappointing statistics of growth rates regarding women on Boards of Directors and in corner offices, women are not postponing saving their family, the world or their soul - they are getting on with it. Smart women around the world are actively involved in pursuing their personal passions and they are spending their time, energy and money to make things happen now, including investing in women-led organisations, believing this is the best way to accelerate change and ensure a better future for all." 

For a copy of the full white paper, please go to www.barbarastewart.ca.

Official Launch Event: March 27 at Verity (in the Toronto Room), 5:30-7:00pm EST
Join Barbara Stewart at the official launch of her exciting new research, as she provides a review of the key themes in her report. She will be introduced by Leah Eichler, founder of r/ally, a mobile collaboration platform and a columnist on women and business for the Globe and Mail, and will lead a discussion with her three distinguished special guests.  For more information, or to RSVP, please contact Barbara Stewart at 416-413-4216 or barbaras@cpwm.ca.

About Rich Thinking:
How Smart Women are Investing/Spending their Resources in 2013
Throughout 2012, Barbara Stewart conducted 100 in-depth interviews with women around the world. Interviewees varied by age, cultural background and geographic location, although all were relatively successful in their lives, careers, or both.  The questions asked were limited to: 1) Where are you currently investing your money? Please provide the percentage of your overall portfolio in the asset classes of cash, bonds, stocks and real estate. Please indicate if there is an additional asset class or use of funds that is of significance? 2) At this time in your life, how are you spending your personal time, energy and/or money? What are you most passionate about and why?

About Barbara Stewart
Barbara Stewart is a CFA® charterholder specializing in Financial Counseling and Portfolio Management. She has extensive experience in global capital markets and has been advising high net worth individuals and families for 17 years. Barbara is a shareholder of Cumberland Partners Limited - the parent company of Cumberland Private Wealth Management Inc. in Toronto, Canada. Prior to her work with private clients, she advised institutional clients on the foreign currency trading desk for one of Canada's major banks. Barbara is a past instructor for the CFA program sponsored by the Toronto CFA Society, as well as the CFP program sponsored by Sheridan Institute of Technology & Advanced Learning. She writes a bi-weekly column and is frequently quoted in the media on the topic of women and finance. She speaks internationally and she creates educational events on the topic she is passionate about - financial literacy. To find out more about Barbara's research or her work as a portfolio manager, visit www.barbarastewart.ca.

Image with caption: "Barbara Stewart is a CFA charterholder who is passionate about her research work re: women and finance. Barbara has been in the investment industry over 20 years and she is a Portfolio Manager at Cumberland Private Wealth Management Inc. (CNW Group/Barbara Stewart)". Image available at: http://photos.newswire.ca/images/download/20130308_C9713_PHOTO_EN_24194.jpg

SOURCE: Barbara Stewart

For further information:

Barbara Stewart, Partner 
Cumberland Private Wealth Management
416-413-4216 or barbaras@cpwm.ca