Psagot, Israel’s largest investment house, is a recognized leader and achieves outstanding investment performance over time. Psagot manages more than NIS 145 billion* in assets across a wide range of investment instruments for private clients, companies and institutions.
The controlling shareholder in Psagot is Apax Partners, a private equity fund with more than 40 years experience. Apax Partners currently has more than €30 billion in assets under management, and is one of the ten largest private equity funds in the world.
Psagot Investment House achieves outstanding investment performance over time
Skilled and dedicated human capital is behind the consistent success of Psagot. The team’s outstanding professional quality contributes to Psagot’s strong reputation and esteem in the capital market. Psagot Investment House’s steady and rapid growth relies on proven achievements in the field of investments, research, and advanced information systems, as well as professional service and personal relations with private investors, companies, institutional investors, and investment advisors at banks.
Psagot employs a research and investment team of 80 analysts, investment managers, and Israel Securities Authority-licensed traders in seven specialized research departments. Psagot’s research and investment team is the largest and best trained team among Israel’s investment houses.
Ronen Tov – CEO
Ronen Tov has over 20 years experience in the long term savings sector (pensions, provident funds and insurance). He has served as CEO of Psagot Investment House since January 2011. Prior to this position, Mr. Tov served as Deputy CEO and Head of the Customers Division at Migdal Insurance Company (2009-2010). Prior positions include Head of the Provident and Pension Funds Department at Migdal Insurance Company (2004-2008), Clal Insurance Company Deputy CEO and Head of the Pension Department (2002-2004), and CEO of Atudot Pension Fund (1996-2004).
Mr. Tov has a BA in Economics and Business Management and an MBA, both from the Hebrew University of Jerusalem.
Mr. Tov is a member of the management of the Society of Friends of the Schneider Children’s Medical Center of Israel and is head of its investments committee. He has previously served as Chairman of the Pension Funds Association and is a regular lecturer at the Netanya Academic College.