State Street and First Trust prepare to enter Israel’s ETF market
The U.S. investment managers are pursuing regulatory steps to list funds tracking international indices on the Tel Aviv Stock Exchange. Their arrival could intensify competition with BlackRock and Invesco, which already manage tens of billions of shekels in locally traded ETFs.
The U.S. investment managers are pursuing regulatory steps to list funds tracking international indices on the Tel Aviv Stock Exchange. Their arrival could intensify competition with BlackRock and Invesco, which already manage tens of billions of shekels in locally traded ETFs.
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