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by News Editor
Tel Aviv. Photo: wiki commons.
JPost/Bloomberg – Israel, under threat of war from its neighbors since being founded in 1948, produced better risk-adjusted returns than all other developed stock markets in the past decade as the technology-driven economy attracted global investors.
The Bloomberg Riskless Return Ranking shows the Tel Aviv TA-25 Index (TA-25) returned 7.6 percent in the 10 years ended February 17, after adjusting for volatility, the highest among 24 developed- nation benchmark indexes. Israel beat Hong Kong’s Hang Seng Index (HSI), the next-best market with a risk-adjusted gain of 6.7%, and Norway, which had the highest total return.
