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- In the fourth quarter of 2022, the balance of the public’s financial assets portfolio increased by approximately NIS 56 billion (1.2 percent), following a decline in the first 3 quarters of the year. For the year overall, the portfolio balance declined by approximately 3.5 percent, reaching a level of about NIS 4.87 trillion, in contrast to the upward trend of recent years.
- The increase in the portfolio value in the fourth quarter was mainly due to an increase in the balance of government bonds and Makam (3.9 percent) and in the balance of investments abroad (3.2 percent), against the background of increases in equity indices abroad.
- The balance of the asset portfolio managed by institutional investors increased in the fourth quarter by approximately NIS 40 billion (1.8 percent), to about NIS 2.29 trillion at the end of the quarter. For the year overall, the balance decreased by approximately NIS 107 billion (4.5 percent).
- Institutional investors’ rate of exposure to foreign currency increased by about 2 percentage points during the quarter, to about 16.5 percent, while their exposure to foreign assets increased by about 1.7 percentage points, to about 37.7 percent.
- The value of the portfolio managed by mutual funds in Israel increased by about NIS 5.8 billion (1.6 percent) in the fourth quarter, to about NIS 368 billion. There were net new investments mainly in shekel money market funds.