Altshuler Shaham

Altshuler Shaham recorded net outflows of nearly NIS 200 million in September, ending months of strong fundraising as the firm announced a major corporate restructuring and split of its provident and pension operations.

The Capital Market Authority warned insurance agents and a major financial institution against spreading false information to siphon pension funds from Altshuler Shaham following its acquisition by Wobi Group.

The sale of Altshuler Shaham has triggered a wave of potential mergers and acquisitions among Israel's veteran investment houses, as firms like Yelin Lapidot and More weigh strategic deals.

Yellin Lapidot recorded a monthly record of client departures with 2.2 billion shekels in negative transfers in August, matching Altshuler Shaham amid weak yields.

Emil Vinshel discusses his acquisition of a controlling stake in Altshuler Shaham Finance for 1 billion shekels, detailing his strategic vision for a comprehensive market reset.

Altshuler Shaham dominates August pension and investment fund yields, sparking questions over its recent acquisition timing as long-term figures still lag behind competitors like More.

Wobi has agreed to acquire a 55% controlling stake in Altshuler Shaham for 1 billion shekels following massive capital outflows, marking a major expansion move.

Altshuler Shaham, managing 160 billion shekels, is being acquired by Wobi and Yair Lewinstein. The iconic brand will disappear, but savers' funds remain secure.

Altshuler Shaham Finance founders are advancing a 1 billion NIS deal to sell their controlling stake at a 1.8 billion NIS valuation, with CEO Yair Levinstein joining as a minority partner.

Controlling shareholders Gilad Altshuler and Kalman Shaham are exploring the sale of their stake in Altshuler Shaham Finance. The deal could reach 1 billion NIS, as the investment house manages 112 billion NIS and trades at a valuation of 1.4 billion NIS.

Phoenix becomes the third largest entity in the provident fund industry. Clal Insurance has its strongest month ever. Altshuler Shaham and Yelin Lapidot continue to lose money at a high rate.

Altshuler Shaham, Israel's third-largest investment house, is undergoing a major reorganization after losing 140.3 billion shekels in client assets over five years. Founder Gilad Altshuler is decentralizing decision-making to overcome the crisis.

Horizon, a company under the Altshuler Shaham group, is launching a move that solves the main headache for investors and allows for the transfer and liquidation of digital currencies purchased on foreign exchanges into the banking system.