Archive: 12/10/2010
Daily Israel Report
10:44
Reported

News Brief

  12/10/2010, Tevet 3, 5771

Report: Manufacturers to Distribute Mutual Fund


It was reported Friday that the Manufacturers' Association, headed by Shraga Brosh, is leading an effort which will result in the splitting of the employers' 250-million-shekel mutual fund among its members.

The fund has accrued a lot of equity. The split has drawn criticisim from members of the fund who left the association because only association members will receive any of the proceeeds.