The Israeli Supreme Court has given the green light for U.S. authorities to gather the data they need from financial services firms to enforce the Foreign Account Tax Compliance Act (FATCA), which is seen as a setback for the anti-FATCA movement via international and U.S. court systems. The controversial FATCA legislation authorizes the U.S. government… Read More >>
Israeli Hedge Fund Index Launches
Tzur Management, an Israeli affiliate of fund administrator Orangefield Columbus, and the Gilboa Fund of Funds, which characterizes itself as the first fund of funds dedicated to Israeli hedge funds, have launched the Tzur Gilboa Israeli Hedge Fund Index (TGI), which tracks the performance of Israeli hedge funds. As of September 2014, the index includes… Read More >>