Israel is set to lose its label as an emerging market and will officially become a developed market later this month. Israel has long been a leader in high-tech and military technologies, which is hard to fathom seeing that the country only began its major transformation over the last 60 years.
Further, investors should still bet on Israel, with its transition to a developed market not changing its prospects for return in the future. Venture capitalists have long viewed Israel as a great investment, with many start ups becoming major world players. Even the global economic downturn did not strike Israel as hard as the United States and Europe, with the Israeli economy rapidly rebounding well ahead of the slight indications of improvement seen in the U.S. economy lately.
A new report states:
“(Israel) can offer active developed market investors the opportunity to enjoy emerging style growth and performance without having to invest off-index”
In sum, the Israeli economy is on the rise, with no signs of slowing down.