Migdal Partners With Goldman Sachs for New Israeli Investment Options

Migdal Insurance Company has entered into a partnership with American investment giant Goldman Sachs to offer new investment tracks to Israeli savers. These new options will be directly managed by the asset management arm of the U.S. bank, aiming to broaden investment opportunities for Israelis in international markets using capabilities typically reserved for large institutional investors.

Goldman Sachs' asset management division oversees approximately $4 trillion in assets as of the end of June 2026. The Multi-Asset Solutions team within the group will be responsible for managing these new investment tracks, actively adjusting asset allocation based on market conditions and managing risks. The offerings will be available through Migdal's "Migdal Keshet Le'פרט" savings policy, which allows for liquid investment without a fixed savings period.

The first track, "Migdal Goldman Sachs General," will combine global equities, bonds, and real assets, with over 50% allocated to stocks, primarily in large companies in developed markets. Around 35% will be invested in government and corporate bonds. The second track, "Migdal Goldman Sachs Stocks," will be predominantly equity-focused, with approximately 85% exposure to stocks of large companies in developed markets, particularly in North America.

While deposits will be made in Israeli shekels, savers will be exposed to foreign exchange fluctuations as the underlying assets are managed in foreign currencies. Ronen Agassi, CEO of Migdal, stated that in today's complex global markets, active and professional management by world-class experts is crucial. Ilan Rochman, Co-CEO of Goldman Sachs in Israel, added that the collaboration aims to provide Israeli savers access to advanced global investment strategies. This move is expected to intensify competition within the savings policy sector, which has seen growing popularity among the public due to the variety of investment options offered.