Turkey freezes fund executives’ assets as redemption crisis deepens
📡 Bloomberg Markets · 1 min read ·
Part of composite article Turkey Fund Crisis Sparks Selloff, Freezes Assets as Regulators Race to Contain Damage View full article →
Turkey has frozen assets linked to executives at several investment firms. The move expands an investigation into a crisis in the fund industry.
The crisis has already caused redemption failures, arrests, and a sharp selloff in stocks.