Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Berger Opens Value Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 01, 2002

NEW PRODUCTS
Berger Opens Value Fund

by: Sean Hanna, Editor in Chief

Berger Financial Group has leveraged a recent acquisition to roll out a new small cap value fund for investors. That investment objective is the flavor of the day in the fund industry as investors scramble to avoid technology and growth offerings.

The new Berger Small Cap Value Fund II is the second value offering to be added by the unit of Stilwell Financial in recent months. In October of 2001 it opened a large cap value fund.

Berger found itself without a small cap value offering after it closed its Berger Small Cap Value Fund. That fund has some $1.7 billion in assets according to Berger's most recent report.

The new fund will have a different manager and portfolio than its namesake. Bill Schaff will head the portfolio management team. Schaff was the founder of San Francisco-based Bay Isle, which Berger acquired in 2001.

"Investors have relayed to us that they are still interested in a small cap value offering from Berger," said Berger president and chief executive officer Jack R. Thompson. "Our acquisition of Bay Isle Financial last year allows us to add this product under the direction of a new team led by Bill Schaff."

Though the fund is now available to investors who buy shares directly through Berger, it is not yet available through third-party distribution channels. The firm expects to add the fund to the major supermarkets by the end of April.  

See the list of all the 2002 Most Influential People



Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use