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Phoenix Acquires Actively Managed Mutual Funds with NIS 22 Billion Assets Under Management from Psagot

Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group , today announced that it is acquiring actively managed mutual funds with NIS 22 billion AUM from Psagot. ....

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Psagot to record NIS 120m capital gain from Phoenix deal

Psagot added that the activities being sold include assets under management worth NIS 17.1 billion and that after the sale it will retain assets under management worth about NIS 30 billion. ....

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