Israel to Begin Investing Reserves in U.S. Equities Today
The Bank of Israel will begin today a pilot program to invest a portion of its foreign currency reserves in U.S. equities.
The investment, which in the initial phase will amount to 2 percent of the $ 77 billion reserves, or about $ 1.5 billion, will be made through UBS AG and BlackRock Inc. (BLK),...
FF News: Fundamental