16.06.2011 - Israel to start investing reserves in equities abroad this year
The Bank of Israel plans to start investing some of its reserves in equities abroad by the end of the year, the central bankís director of market operations said. The pilot investment will be through index trackers rather than specific stocks, Barry Topf said in an interview at the bankís offices in Jerusalem. The bank plans to invest in the largest, most liquid and sophisticated markets through outside asset managers who havenít yet been chosen, he said..............................................Full Article: Source
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