#Israel #Tel Aviv #Phoenix Financial #MSCI Israel Index #Israeli Finance

Phoenix Financial Joins MSCI Israel Index: A New Milestone in Global Investment

In an important development for the Israeli finance sector, Phoenix Financial, a prominent asset management and insurance company based in Israel, announced that its shares are set to be included in the prestigious MSCI Israel Index starting August 26, 2025. This inclusion is a testament to the company's substantial growth trajectory and transformation from a lesser-known entity to a marquee name in international financial markets.

The MSCI Israel Index is specially designed to track the performance of large and mid-cap segments within the Israeli equity market, highlighting companies that meet rigorous benchmarks for market capitalization, free float, and trading liquidity. This index serves as a critical tool for both portfolio benchmarking and the basis for various exchange-traded funds (ETFs).

Phoenix’s Remarkable Growth Journey

Phoenix Financial has made remarkable strides in recent years, growing from a small-cap firm with limited global awareness to a highly investible company. Today, it boasts an average daily trading volume ranging between $20 million to $30 million, capturing the interest of numerous first-tier international institutional investors. Currently, global investors hold between 30-40% of Phoenix's shares, reflecting heightened interest from abroad. The largest single investor in Phoenix is Affinity Partners, managed by well-known financier Jared Kushner.

Since Israel was elevated to a developed market status by MSCI in 2010, the MSCI Israel Index has gained prominence as a vital resource for tracking investments in Israel's capital markets. Inclusion in this renowned index often precedes a company's addition to other key MSCI indices, such as the MSCI World, MSCI Developed Markets, and MSCI All Country World Index. Such recognitions could pave the way for Phoenix Financial's future escalation into even more exclusive investment categories.

Israel’s capital markets are witnessing a growing influx of global investors, with the Tel Aviv Stock Exchange planning to shift to a Monday-Friday trading week starting in January 2026, further enhancing its appeal for international participation.

Executive Insights

Eyal Ben Simon, the CEO of Phoenix Financial, expressed his excitement regarding the company's inclusion in the MSCI Israel Index. "We are extremely pleased to be included in the MSCI Israel Index. This inclusion reflects the Company's strong performance, consistent growth, and strong standing in the Israeli capital markets. It also highlights the continued trust placed in us by investors both in Israel and globally. Being included in this influential index is an important milestone in our journey and further strengthens our visibility internationally. As part of our proven value creation and growth strategy, Phoenix continues to focus on growth across group businesses, including both asset management and insurance," he stated.

A Look at Phoenix Financial

Phoenix Financial has established itself as a leading player in Israel's asset management and insurance sectors, trading on the Tel Aviv Stock Exchange (TASE: PHOE). The company excels in managing a diversified portfolio, currently overseeing over $160 billion in assets. Their business solutions cater to a significant portion of Israeli households, demonstrating the firm's enduring resilience and commitment to delivering value to both clients and shareholders.

In summary, Phoenix Financial's upcoming addition to the MSCI Israel Index not only signifies a notable achievement for the company but also represents a pivotal point in its strategy to enhance its global footprint. As it continues to garner attention, Phoenix is well-positioned to solidify its status as a key player in the investment landscape, driving new opportunities and growth for the future.