Scherer Cybrarian » finance http://www.scherercybrarian.com Ask Us We Know Sat, 31 Oct 2009 19:29:29 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Stump the researcher. Part 5. http://www.scherercybrarian.com/blog/2007/01/09/stump-the-researcher-part-5/ http://www.scherercybrarian.com/blog/2007/01/09/stump-the-researcher-part-5/#comments Wed, 10 Jan 2007 02:07:00 +0000 admin http://www.scherercybrarian.com/scherer/?p=50 A loyal reader asks: I know I should know what they are, but what the heck are hedge funds? I keep hearing that the growth is huge. Yeah, tell me about that too.So glad you asked.

We have a great source for these types of questions – financial trends and the like.

The Financial Services Fact Book 2007 Make a note of it. You’ll need this one day. Don’t worry, though. If you forget, you can always ask us…
This from the Fact Book:

Hedge funds are private investment pools subject to the terms of investment agreements between the sponsors of, and investors in, the hedge fund. While mutual funds typically have a minimum opening investment of about $1,000, hedge fund investors are often required to have a minimum investment of $1 million.


ASSETS OF HEDGE FUNDS, 1950-2006 (1)($ billions)
(1) All data are for January.Source: Hennessee Group LLC.

]]> http://www.scherercybrarian.com/blog/2007/01/09/stump-the-researcher-part-5/feed/ 0 The unbanked…. http://www.scherercybrarian.com/blog/2006/03/05/the-unbanked/ http://www.scherercybrarian.com/blog/2006/03/05/the-unbanked/#comments Sun, 05 Mar 2006 19:11:00 +0000 admin http://www.scherercybrarian.com/scherer/?p=20 More than 10 million U.S. consumers do not use a bank. I find that shocking. Scarborough just released a report about these unbanked folks and their use of credit cards. Almost 1/4 of them do use credit cards, it seems. One might ask how they pay for the charges…with cash? Money orders?

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