The Olam
Migdal: One of Israel's Largest Institutional Investors
Israeli Real Economy

Migdal: One of Israel's Largest Institutional Investors

The Olam Editorial Team
Aug 13, 2026

Migdal Insurance is one of the oldest names in Israeli finance — and one of the country's largest institutional investors.

One of the oldest insurers in the country. Today, a foundational owner across Israeli capital markets.

Migdal Insurance is one of the oldest names in Israeli finance — and one of the country's largest institutional investors.

Why It Matters

  • Controls a major share of mandatory Israeli pension capital
  • Top institutional shareholder of large Israeli public companies
  • Moves credit spreads on Israeli corporate debt
  • Anchors corporate governance outcomes through voting
  • Allocates into real estate, infrastructure, and direct credit

The franchise sits on three legs: insurance underwriting, Migdal Makefet (the pension subsidiary), and Migdal Asset Management running gemel, keren hishtalmut, mutual funds, ETFs, and institutional accounts.

The combination creates a closed-loop capital machine. Premiums and pension contributions flow in monthly. Migdal allocates across Israeli equities, government and corporate bonds, foreign markets, real estate, and direct credit.

Migdal trades publicly on the Tel Aviv Stock Exchange.

Few institutions are more deeply embedded in Israeli capital allocation than Migdal.

FAQ

Who owns Migdal Insurance?

Publicly traded on the Tel Aviv Stock Exchange.

What is Migdal Makefet?

Migdal's pension subsidiary — one of Israel's largest pension administrators by managed assets.

What does Migdal invest in?

Israeli equities, government and corporate bonds, foreign equities, real estate, infrastructure, private equity, and direct credit.