Swiss bank Pictet & CIE is about to enter Israel’s capital market. ISP Financial Services Ltd., owned by Itay Strum and Roy Tal have signed an agreement to serve as the exclusive representative of Pictet’s mutual funds division to Israel’s institutional investors. Pictet’s funds have $130 billion under management. To launch the Swiss bank’s activities in Israel, one of Pictet’s partners, Rami Bassat, will visit Israel in several weeks time. http://www.globes.co.il/serveen/globes/docview.asp?did=1000568250&fid=1725
Europe News
Swiss bank set to enter Israeli market
Tuesday, June 22nd, 2010Italian ISP NGI expands with Alvarion deal
Tuesday, June 22nd, 2010NGI will expand service in seven northern Italian provinces.
Alvarion Ltd. will provide its WiMAX solution to BT Italia Group SpA subsidiary NGI SpA to expand the operator’s network. Alvarion did not disclose the size of the deal. http://www.globes.co.il/serveen/globes/docview.asp?did=1000558909&fid=1725
Aposense, GSK gain UK nod for lymphoma trial
Tuesday, June 15th, 2010Aposense Ltd. and its partner GlaxoSmithKline plc have obtained a permit from UK Medicines and Healthcare Products Regulatory Agency (MHRA) to undertake a clinical trial to test the effectiveness of Aposense’s ML-10 molecular imaging system on patients with lymphoma. Aposense and GSK are collaborating on applying the ML-10 system on new cancer drugs that GSK is developing. http://www.globes.co.il/serveen/globes/docview.asp?did=1000566690&fid=1725
