Chart of the Day: More Hedge Funds than Burger Kings

Buying or building a home? We offer a variety of mortgage loans with terms that fit your financial needs.
Loans subject to credit approval. NMLS #406389
Today’s Chart of the Day comes from the Financial Times and shows a variety of things, the oddest being that there are more hedge funds than Burger Kings, and about the same number as Starbucks. These numbers are true, even though hedge funds underperformed the stock market a “whopping” 5.47% annually for the last five years and 2.67% annually since 1994.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.