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

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

Rating:An NY Fund Shop Hunts for an Acquisition Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, March 24, 2010

An NY Fund Shop Hunts for an Acquisition

Reported by InvestmentWires Staff, 

AmerIsrael Capital Management LLC, which manages the $1.1 million American Israel Shared Values Capital Appreciation Fund, is on the hunt for an acquisition.

Jamia Jasper
AmerIsrael Capital Management LLC
President
Jamia Jasper, the firm's founder and president, told The MFWire that she is looking to acquire a faith-based fund or an international stock fund with assets of at least $10 million.

"It has to have at least $10 million in assets for legal costs to make sense," she said.

Jasper started the search in the latter part of last year.

"As the fund's performance developed into a respectable longer-term track record, I realized that I was definitely going to be here for the long-term," Jasper said. "One of my aims now is to grow the asset base and make the fund economically viable and appealing to larger investors such as 401(k) and 403(b) plans interested in a faith-based fund for their employee retirement programs."

Acquiring an existing fund, she said, "makes economic sense."

The American Israeli Shared Values Fund is a no-load fund that invests in stocks of Israeli and American firms with an economic interest in Israel. The fund is on platforms including Schwab, Vanguard, E*Trade, ThinkorSwim, JPMorgan, Ameriprise, Scottrade, OptionsXpress and Zecco.  

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
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
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. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use