Tandem in cooperation deal with Merrill

Investors will be able to open an account with Merrill Lynch with a minimum amount of $100,000 and will be charged a fixed, annual commission charge for unlimited activities.

Israeli investment house Tandem Capital has signed a cooperation agreement with Merrill Lynch that will enable private and institutional investors from Israel to manage global investments from US bank accounts. Investors will be able to open an account with Merrill Lynch with a minimum amount of $100,000 and will be charged a fixed, annual commission charge for unlimited activities. The charge will be the same for private and institutional investors.