Strong Capital Management launches Israel operation

Strong is represented locally by the Israeli Center for Institutional Investments, of the Koteret group.

11 May 03 16:43, Keren-Tsuriel Harari

Strong Capital Management, a US asset management company, is launching its presence into the Israeli institutional market. Strong is represented in Israel by the Israeli Center for Institutional Investments (ICII), said ICII CEO Eli More today.

Strong currently manages $39.1 billion for institutional and individual investors, including corporate pension and profit-sharing plans, endowments, foundations, Taft-Hartley accounts, and public employee retirement plans.

ICII is a member of the Koteret Group, an Israeli marketing support and consultancy agency to the banking industry, venture capital funds, investment companies, technology firms and government agencies.

Published by Globes [online] - www.globes.co.il - on 11 May 2003