Capital Int'l enters Israeli market

The fund will specialize in investments in the US share markets on behalf of its Israeli clientele.

By AVI KRAWITZ
May 9, 2006 07:08

Capital International, an investment group with over $300 billion under its management, said Monday it would establish a mutual fund in Israel, marking its first entry into the country. Capital signed an agreement with Tel Aviv-based Pekan Plus Mutual Funds to establish a new fund called Pekan Plus Capital US, which will fall under Capital's management. The fund will specialize in investments in the US share markets on behalf of its Israeli clientele.


Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS

Israel Weather
  • 16 - 27
    Beer Sheva
    18 - 23
    Tel Aviv - Yafo
  • 16 - 23
    Jerusalem
    16 - 22
    Haifa
  • 23 - 36
    Elat
    17 - 28
    Tiberias