Turkey Wealth Fund’s Effort to Prop Up Stock Market Falls Short in Early May
Posted on 05/03/2023
Turkey Wealth Fund has amassed more than US$ 1 billion into the Borsa Istanbul stock exchange to support the country’s stock market. In February 2023, the Turkey Wealth Fund channeled exchange-traded funds managed by Ziraat Portfoy, the asset-management unit of state lender T.C. Ziraat Bankasi A.S. The open-ended commitment to prop up Turkish equities seek…
