Altshuler Shaham Finance Ltd — Cyborg Score 7/10

Strong
Asset Management & Financial Services

Strategic Profile

The investment house manages approximately 200 billion NIS for approximately 2.3 million clients and investors. In 2024, Altshuler Shaham Finance expanded by entering the non-bank credit sector, offering financing solutions for small and medium-sized enterprises. The company maintains a competitive position through multi-channel distribution and diversified product offerings.

Cyborg Score Rationale

The firm manages ~200B NIS across ~2.3M clients, demonstrating significant scale and market reach. Strategic expansion into non-bank credit and alternative investments positions it well for growth. Strong historical performance with market-leading position in pension services.

Top Insights

  • Diversified revenue streams across provident funds, pension funds, alternative investments, and newly-launched credit operations
  • Market-leading position with ~200B NIS AUM and 2.3M clients across Israeli financial market
  • 2024 entry into non-bank credit sector targeting SME financing demonstrates growth ambitions beyond traditional asset management
  • Established brand with 35+ years of combined leadership expertise and deep market relationships

Named Competitors

  • Pension Fund Management — Israeli asset manager and pension fund provider
  • Asset Management — Israeli financial services and asset management
  • Portfolio Management — Bank-affiliated investment and pension services

Recent Developments

  • (2024) Expansion into non-bank credit sector through new subsidiary Altshuler Shaham Credit Ltd
  • (2023) Altshuler Shaham Trade became TASE member enabling direct online trading access
  • (2022) Name change from A.S. Matrat Hanpaka Ltd to Altshuler Shaham Finance Ltd reflecting consolidated branding

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