Meitav Portfolio Management | Meitav Investment house

Meitav Portfolio Management Ltd. is the largest portfolio management company in Israel in terms of assets under management, and among the longest-standing companies in the Israeli capital market.
The company manages investment portfolios for thousands of individual clients, corporations, and institutional entities.

The company offers a management approach combining extensive professional experience, advanced tools and complete transparency.

Meitav Investment House has over 40 years' experience in portfolio management and in managing diverse financial investments.

Golden rules for investment management

The winning combination: macro and micro

Significant emphasis on macro assessment and a broad, overall perspective
Perception of anticipated developments in the local and global markets are the keystones for formulating an assessment of where markets are headed. In this global era, conclusions should be derived from expectations in the global economy.
The relationship between state of the economy and state of the capital market: Identifying trends and turning points
Analysis of the current market conditions and expectations from them serve us in our investment decisions. We transform the big (theoretical) picture into the highly practical language of investments.
Over the short term: Psychological factors set the tone
Professional investment managers act based on analysis and are therefore able to take advantage of opportunities and to act against trends, unlike individual investors, who may make misinformed decisions due to fear during market declines and complacency during strong market rallies.
Over the long term: Economic factors are key. Hence, rational action is important!
The capital market in Israel, just like the global one, is affected by a long list of factors, with economic factors being the most significant over the long term. Economic growth, budget policy and deficits, as well as others, determine how financial markets evolve over the long term.
Four to five strategic decisions per year (at the most) form the basis for success
Because the macro picture does not change daily, there is no need for material changes in the investment portfolio. It is important to reiterate that in this modern age, with huge excesses of information available, separating the wheat from the chaff is key, as is not being tempted to quickly react by way of multiple superfluous and erroneous transactions.
The art of stock picking – as long-term investment – a prolonged and studious
process
Correct, informed picking of specific stocks is crucially important for achieving excess return in the equity market. Our Analytics Department is tasked with this process of reviewing and investigating companies by keeping in touch with the management of traded companies, visiting and forming impressions, as well as – naturally – reviewing the financial statements and revising recommendations as needed.
Willing to be different: Major opportunities emerge in periods of chaos
Financial markets overall, and the equity market in particular, are driven – according to the common aphorism – by two basic and opposed psychological components. One is greed – the desire to gain a lot and quickly – and the second, its opposite – the fear of loss. These situations do not come about often, which is why it is so important to take advantage when they do. A skilled, professional investment portfolio manager must be well-versed in identifying such situations and in taking advantage of them by taking informed action for their clients, without fear of being different.
Not going to extremes: The cost of error – investment diversification
One should be very cautious of too extreme a translation of opinions. Any investment manager worth their salt knows that they should maintain a safety margin to allow for error in judgment, as well as for the possibility that such judgments may be correct when made but could change within a short time frame.
Consistent thinking, decisions and outcomes!
Consistent thinking, along with the willingness to be flexible, results in consistent decisions which bring about consistent outcomes. We work very hard so our clients can sleep peacefully.