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From Komfie Manalo, Opalesque Asia:
A team of veteran professional rare coin dealers and a Wall Street money manager have teamed up to form a new venture called Certified Assets Management International with the aim of launching a $250m rare coin fund and to assist investors with acquisition and management of numismatic and precious metals item.
In a statement, CAMI said the venture would create an assortment of products, services and investment funds. The company said a formal launch of the Stamford, Connecticut-based venture would be announced at the upcoming Whitman Coin & Collectibles Baltimore Expo, November 17 - 20, 2011.
CAMI's principals are Robert L. Higgins, President of Certified Assets Management, Inc. in Wilmington, Delaware who earlier managed a rare coin fund that returned a 17%, $8m profit in only four years for the state of Ohio, and Alberto Washington, a graduate of the Wharton School of Business and Managing Partner of Mercury Fund Management, LLC, also a Delaware corporation.
"Certified Assets Management has a proven track record of over a decade of successful rare coin funds management. This is an excellent time for the numismatic market and Wall Street to do it the right way," said Higgins.
"We're merging the successful talents of an experienced rare coin trading company and an investme...................... To view our full article Click here
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