Psagot
One of Israel's largest non-bank asset managers. Substantial provident-fund and study-fund administration plus investment advisory and brokerage.
Psagot's franchise sits at the intersection of asset management and long-duration savings administration. The firm operates significant provident-fund and Kranot Hishtalmut (study-fund) businesses, both of which are tax-advantaged Israeli long-duration savings vehicles, alongside mutual-fund management, ETF administration, and brokerage services. Psagot's ownership has changed hands across multiple cycles — including private-equity holding chapters — and remains a recurring subject of cross-border capital-flow attention.
Within The Olam's coverage, Psagot is read in conjunction with Migdal, Clal, Harel, Phoenix Holdings, and Menora Mivtachim — the five insurance-anchored institutional capital pools — to map the full Israeli long-duration savings stack. Where the top-five are insurance-anchored, Psagot represents the asset-management-anchored side of the same institutional capital base.
Read Next in The Olam
- Institutional Capital — The broader pension and savings capital base
- Kupot Gemel · Kranot Hishtalmut — Long-duration savings vehicles Psagot administers
- Migdal Insurance · Clal Insurance · Harel Insurance · Phoenix Holdings · Menora Mivtachim — The insurance-anchored side of the same capital base
- Overseas Allocation — Cross-border allocation now central to institutional portfolios