Mon, Jun 27, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Trends

Largest Wealth Fund Finds Value in Israeli Banks After Job Cuts

Posted on 17 November 2016

Israeli banks, criticized for years as wasteful by their regulator, are attracting interest from the world’s top investors after announcing thousands of job cuts to boost efficiency.
Norges Bank, which manages Norway’s $860 billion sovereign wealth fund, said last month it raised its stake in Israel Discount Bank by half. U.S. money managers Dimensional Fund Advisors, BlackRock Inc., and Vanguard Group Inc. also increased their holdings in the country’s lenders in recent months…………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
June 2022
M T W T F S S
« Nov    
 12345
6789101112
13141516171819
20212223242526
27282930