Sign up for free newsletter

 

Israel

Psagot acquires Meitav ETF business for NIS150m

Wed, 20/02/2013 - 16:12

Israel’s largest investment house, Psagot, has acquired Meitav’s ETF business, Meitav Index Linked Certificates, in a deal worth NIS150m.

The acquisition of Meitav Index Linked Certificates, which currently has ETF assets under management of NIS10.2bn, will see Psagot double the assets of its own ETF division, Psagot Exchange Traded Notes.

Psagot ETN currently controls 30 per cent of the Israeli ETF market.
 

 


Subscribe to free daily newsletter
latestjobs
Senior Network Engineer

Fri, 06 Mar 2015 00:00:00 GMT

Senior C++ Engineer Greenfield Development

Fri, 06 Mar 2015 00:00:00 GMT

Senior Hadoop Developer

Fri, 06 Mar 2015 00:00:00 GMT

events
2 days 17 hours from now - Boston
3 days 3 hours from now - Tokyo
3 days 17 hours from now - Singapore
3 days 17 hours from now - London
specialreports