This article focuses on how one particular subset of indexing—single-country funds based on arguably superior index construction methodology—is changing one element of the international investing landscape.
Despite the military conflict with Hamas in Gaza, Israeli equities generally outperformed their Developed Market peers in July. This is a testament to the resilience of Israeli equities and companies in the face of war and strong geopolitical headwinds.
The BlueStar Israel Global Index and the BlueStar Israel Global Technology Index (“BIGITech”) underwent their semi-annual rebalance and reconstitution. As a result of increased IPO activity during the first and second quarters of 2014, BIGI added a net of 12 new constituents and BIGITech added a net of four new constituents...
The BlueStar Israel Global Index ™ (“BIGI®”) rose 2.45% in June after two consecutive monthly declines in April and May. Israeli Global Equities outperformed most other global equity benchmarks including the S&P 500, while domestic Israeli equities as measured by the TA-100 and MSCI Israel indexes were down in June...
ISRA began trading on the New York Stock Exchange on June 26, 2013, with less than $10 million in assets under management, becoming the second Israeli equities ETF to hit the market. ISRA now boasts approximately $48 million in assets under management, and is growing in recognition for investment in Israeli Global Equities
Economic growth in Israel is experiencing some moderation and systemic risks to the economy from the housing and construction industries are in focus. But there are also reasons to believe that, as the global economy picks up steam, Israeli exporters will experience more robust growth...
"...Even a small allocation to Israeli equities would have moved an investor’s portfolio closer to the optimal portfolio located on the efficient frontier for any level of expected risk..."