LAHAK LAUNCHES NEW BIOTECH FUND WITH WELLINGTON

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Another cooperation agreement between an Israeli company and a foreign investment house was announced yesterday. Bank Hapoalim investment fund manager Lahak Mutual Funds Management Ltd. will cooperate with US investment house Wellington Management Company, which manages $542 billion in assets on behalf of 1,000 institutional investors.

Globes Online (http://www.globes.co.il/serveen/)