Algemeiner – Israel-based hedge funds grew assets by 33 percent between 2011 and 2013 and outperformed foreign funds and the local equity market, according to a survey released recently by Israel fund administrator Tzur Management.
In a statement, Tzur Management CEO Yitz Raab said, “When considering the impressive performance of Israeli hedge funds in recent years, it’s no surprise that we’re witnessing significant growth of both assets under management and the number of Israel based funds.”
