Yelin Lapidot Posts Record NIS 2.2 Billion Monthly Customer Outflow

Yelin Lapidot recorded NIS 2.2 billion in net customer transfers out of its provident funds in August, its worst month on record and about 3% of the NIS 79 billion it manages in provident assets. Transfers out have totaled NIS 18 billion since May 2025. Its main general study fund returned 5.6% year-to-date, the lowest result among direct peers. Altshuler Shaham lost NIS 2.35 billion, while Clal, Meitav, Migdal, Harel and Ayalon posted positive transfers.