Asset Management
Found 5 recent publications
Aluma Fund changes its compensation model: waiving compensation derived from accounting revaluations
The infrastructure fund Aluma plans to change its compensation model and seeks to extend the agreement with the management company, which expires in November. It is also expected to distribute dividends for the first time and launch a share buyback program.
The country's largest insurance company publishes reports: these are the numbers
The core profit of Phoenix grew 10% above expectations, asset management activity jumped 36%, and the company is returning 62% of the half-year profits to shareholders. Phoenix is also increasing its share buyback program and announces that it will update its 2028 targets upwards.
Phoenix grew its asset management operations by 50% and signals target adjustments
Increase in core profits and growth in assets under management: Phoenix concludes the first half of 2026 with a total profit of 1.57 billion shekels and an increase in business targets. Excellence Trade crossed the 100,000 client threshold. The company will distribute a 400 million shekel dividend and increase its share buyback program.
The stock market rally in 2025 boosted managed portfolios to 493 billion shekels
The rally in the local stock market pushed assets under management in the investment portfolio sector to 493 billion shekels in 2025, an increase of 18.5% compared to 2024. This emerges from a review by the Israel Securities Authority.
10 million shekels to the fund, tens of millions to the lawyers: The management farce in the Slice case
A stormy discussion in the Knesset Finance Committee revealed the scale of temporary management expenses, while refunds to members remain stagnant. MKs refused to approve an additional 13 million shekels in state funding, demanding greater transparency.