Israel's Sovereign Wealth Fund Launches Today After a Long Wait

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It only took eight years to say "Mazel Tov."

Almost a decade after it was founded, Israel's long-delayed sovereign wealth fund launches today. For a country with famously volatile politics where governments can fall like Jenga blocks -- last year, Israel held its fourth national election in two years -- the much-planned launch marks an unwavering commitment to make good on a windfall.

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Source Fool.com