Migdal Insurance Partners With Goldman Sachs for New Savings Plans
Translated & summarized from TheMarker by baba
Migdal Insurance and Finance has partnered with Goldman Sachs Asset Management to manage two new overseas investment tracks for its savings insurance policies. This collaboration is similar to existing partnerships between other Israeli insurance companies and global asset managers. The announcement was made on Monday.
The story in 4 lines · by baba
- Migdal Insurance and Finance announced a partnership with Goldman Sachs Asset Management.
- Goldman Sachs will manage two new overseas investment tracks for Migdal's savings policies.
- This follows similar collaborations between Israeli insurers and global asset managers.
- The announcement was made on Monday.
Migdal Insurance and Finance announced on Monday a new partnership with Goldman Sachs Asset Management, the investment arm of the American bank. Under this collaboration, Goldman Sachs will manage two new overseas investment tracks within Migdal's savings insurance policies.
This move by Migdal follows similar partnerships established in the Israeli market, including The Phoenix with BlackRock, Harel with Fidelity, and Clal with State Street.
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