Portfolio management

Psagot Securities is the largest portfolio management company in Israel and has a veteran team of investment managers, analysts and traders with a range of specialties: Shekel, Index, foreign currency, stocks in Israel and abroad.
The company commenced operations in 1963 and was sold by Bank Leumi to the York Fund in 2006, in the context of the selling of activity in the Psagot Investment house. Currently manages approximately 39* BNIS.

Psagot manages portfolios in a range of investment channels for various clients:
Private clients
Platinum clients
Companies
Public institutes and non-profit organizations
Foreign residents

Advantages of portfolio management at Psagot:
The portfolio management team has vast and proven experience in different market conditions.
Psagot has unique expertise and know-how in managing conservative portfolios.
The portfolio management customers at Psagot benefit from close, personal attention and accompaniment of an Israel Security Authority licensed client manager.

Economy of scale in portfolio management at Psagot  
The clients enjoy the strong backing of Israel’s largest investment house that invests significant resources in research in Israel and abroad.
Monitoring systems – The Psagot Group established a vast Regulation array consisting of economists, accountants and attorneys responsible for handling issues of control and compliance in the investment house and all its subsidiaries. Psagot emphasizes auditing hours beyond legal requirements and preserves the strict monitoring procedures that bind the banking system in Israel, and has done so since it was a subsidiary of a banking corporation (owned by Bank Leumi).
The investment team at Psagot has low employee turnover.
Interests and transactions – economy of scale enables the investment house to get good prices with transaction rooms and high interest on liquid money.

Shay Yaron, C.P.A.
CEO of Psagot Securities
Graduate of business administration at the Management College  majoring in financing and accountancy, certified public accountant, with a marketer’s license from the Israel Securities Authority. More than 12 years experience in the capital market. Serves as the CEO of Psagot Securities since the end of 2006.

 

For further details please dial *6899

**This information is updated to 30.6.2010. the above stated does not constitute investment marketing and/or an alternative to such marketing, whichThe above stated does not constitute investment marketing and/or an alternative to such marketing, which takes into consideration the specific needs and particulars of any individual. The above stated should not be interpreted as an obligation on the part of Psagot to attain a yield of any form.
Psagot Securities Ltd. – a portfolio manager and a member of the Tel Aviv Stock Exchange-, and Psagot Investment House Ltd. –an investments marketer- (hereinafter both are collectively referred to as the "Companies"), specialize in investment marketing (and not in investment advice) and belong to the Psagot Group. The Companies have an affiliation to the financial assets managed by the other company and to the financial assets managed by the following companies, as follows: The mutual funds  managed by Psagot Mutual Funds Ltd. / The provident funds managed by Psagot Provident Funds Ltd./ The provident funds which their investments are managed by Psagot Securities Ltd./ The senior pension fund managed by Psagot Pension Ltd./ The pension funds managed by Magen Pension Fund Management Company Ltd./ The financial assets managed by Psagot Exchange Traded Notes Ltd,. Psagot Binding Certificates Foreign Currency Ltd.,  Psagot Exchange Traded Notes Indexes Ltd. and Psagot Platinum Structured Products Ltd. The Companies may prefer said financial assets rather than other financial assets that are not affiliated to the Companies.