Psagot is Israel’s leading investment house, managing assets on behalf of one million clients. Psagot began operations 52 years ago under the helm of Leumi Bank. Psagot offers investors short, medium and long term investment solutions. In addition, Psagot has extended its activities, entering the insurance sector by offering savings and life insurance policies.
1. Responsible and professional investments management and achieving long term outstanding returns - In view of the challenging business,economic environment amid growing consumer awareness of money management, Psagot, by virtue of its managing public funds, focuses on professional and responsible asset management. This investment discipline coupled with high quality service and performance enables the company to display ongoing success along with persistent and rapid growth in its activities. Thus achieving exceptional returns over time.
The Investments unit - Psagot believes that informed and responsible management of clients’ assets must be founded on a systematic investments methodology as well as significant, ongoing investment in research. Psagot’s investment and research network is comprised of six specialized research units with a team numbering 80 analysts, investment managers and traders who are licensed by the Israel Securities’ Authority, employed in specialized research departments. Psagot’s team regularly complements its activities by drawing on data from leading research institutions in Israel and abroad.
2. Increasing financial knowledge and awareness on savings in Israel - In recent years, financial risks have increased substantially, both on the individual and economic level. Key processes that are shaping the local economy, such as responsibility for pension savings shifting to the public, sophistication of financial products and increased economic discourse in the media, have emphasized the need to increase the Israeli public’s financial knowledge. The financial education approach implemented by Psagot is an integral part of the company’s values in managing investments and corporate responsibility, seeking to continuously improve the management of savings on behalf of Psagot’s clients and the public. To this goal, Psagot established a knowledge center for financial education offering updated information on the capital market and on the world of pension savings by means of various advanced tools.
3. Preservation and safeguarding investors’ and savers’ rights amid full transparency - Psagot seeks to preserve and safeguard the rights of investors and savers. To this end, at the beginning of 2013, Psagot crystallized principles strengthening its commitment to the public and the extent of institutional involvement required from Psagot in various circumstances, by means of an official document captioned “Institutional Investor Activism covenant”. The covenant which has been published and is available in full on the company’s website, defines transparent rules of behavior, clear and known in advance. Psagot is the first and sole investment house that has established a department assigned to deal with institutional involvement. The department strives to implement clear principles to ensure and maximize clients’ rights throughout the investment period.
Psagot Investment House offers diversified savings schemes: Medium and Long Term Savings - Psagot’s Provident funds, study funds and central severance pay funds - is Israel’s largest provident fund company. Psagot specializes in managing medium and long-term investments and offers a wide range of provident funds, study funds and central severance pay funds, which over time displayed outstanding performance achieving high ratings. Among others, Psagot manages the “Gadish” fund – Israel’s largest provident fund.
Pension funds - offer a range of insurance and investment tracks, aiming to enable maximum conformity between the savings track and the member’s needs. Psagot believes it will be able to compete in this area viz-a-viz the large pension funds to the benefit of Israel’s entire pension savings market.The Insurance Company - offers insurance solutions and saving policies to the general public. The combination of an insurance company and the economies of scale of the investment house allows Psagot to offer its clients security, credibility and stability, coupled with a products basket that complies with their needs.
Mutual Funds is one of Israel’s leading mutual fund companies demonstrating outstanding performance over time. Psagot offers close to 160 mutual funds in a variety of tracks that are suitable to a variety of investors.
ETNs – Psagot Exchange traded Notes, is the most senior company in Israel’s ETN market. The company manages a wide range of some 180 ETNs and ETNs that track a range of base assets, such as indices, commodities and currencies, in Israel and abroad. The company operates a modern trading room, with a team of professional traders.
Portfolio management in Israel and abroad - Psagot, the largest portfolio management company in Israel, manages investment portfolios in Israel and abroad on behalf of companies, institutions and private investors, in a range of investment tracks.
Brokerage and research services – Institutional and private investors of Psagot’s Brokerage Department benefit from professional trading services in global securities, and from the advantage of Psagot’s service and large scale activity. Furthermore, clients benefit from an innovative and advanced trading room equipped with updated trading, communication and data systems that can be found in global leading trading rooms.