Northern Trust

Not The Tzedakah Side Of Your Balance Sheet

07/30/2008
Staff Writer
What a difference a decade makes.   In 1998, when Philadelphia attorney Clifford Goldstein wanted to cash in on the staggering increase in Israeli technology stocks, he was disappointed to discover that no index-based mutual funds of Israeli companies existed. “Wall Street is slow,” Goldstein says, noting that top brokerage firms he approached “told me they didn’t want to invest in kibbutzniks growing oranges.”  
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