Wall Street may seem like a traditionally male-dominated world, but according to a recent study, times are changing.

The study from professional services firm Rothstein Kass shows female hedge fund managers beating out their male counterparts on average performance for the second straight year.

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Though only a small number of hedge funds are managed by women, they returned an average of nearly 10% gains, while a global index of hedge funds rose 6.1%.

From 2007 to 2013, female-managed funds returned a 6% gain, while the global index of mostly male-managed funds dropped 1.1% in that period.

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Melissa Francis, host of 'Money' on Fox Business Network, Miss America Nina Davuluri, and physical therapist Karena Wu sat down with Gretchen Carlson this afternoon to discuss the trend.

Watch the Real Story's Female Power Panel above.