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Article: Prisma CEO Kotler says global market slump is no threat to local mutual funds
- Article from:
- Jerusalem Post
- Article date:
- March 7, 2007
- Author:
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SHARON WROBEL
Jerusalem Post
03-07-2007
Headline: Prisma CEO Kotler says global market slump is no threat to local mutual funds
Byline: SHARON WROBEL
Edition; Daily
Section: Economics
Page: 18
Wednesday, March 7, 2007 -- Despite the downward trend in world markets over the past week, Prisma's Dov Kotler is optimistic that the positive sentiment in the country's mutual fund industry in the first two months of this year will continue amid lower interest rates and markets that are poised to move up again following a moderate correction.
But rolling into March, Israel's mutual funds industry was hit as world markets tumbled and Tel Aviv stocks suffered together with share prices worldwide, and the ...