Turkey Shuts Down Funds Managed by 7 Firms

📡 Bloomberg Markets yesterday · 1 min read ·

Part of composite article Turkey Freezes Funds at 7 Firms, Sends 38 to Prosecutors in Stock Market Scandal View full article →

Turkey's market regulator announced it will liquidate certain funds managed by seven asset management companies. The firms include Tera Portfoy and Pusula Portfoy. The regulator did not specify which funds would be affected or the reason for the decision. Further details were not immediately available.