The public redeemed NIS 8.5 billion from the funds in the quarter. And who is the record holder?

The fund industry is ending a challenging quarter in the financial markets, with a decrease of more than NIS 11 billion in the volume of assets under management (traditional funds, imitations and basket). March slightly improved the trend in all markets, and the major trends in the world were the opposite of those we saw at the beginning of the year. After sharp declines in global equities in the first two months of the year, a strong positive correction in recent weeks has helped end the first quarter of 2022 in a more optimistic mood.