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Official statement from Bulls Portföy Yönetimi regarding CMB decision and fund liquidations
Bulls Portföy Yönetimi announced that, in line with the CMB's principle decision, trading of funds open to TEFAS has been suspended and they will be liquidated. The company stated that its funds have no liquidity problems, risky transactions, or default risks.
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Economy
Statement on the stock market from the Ministry of Treasury and Finance: No problem in the capital market
The Financial Stability Committee, convened under the chairmanship of Mehmet Şimşek, announced that the volatility in the stock market is temporary and there is no fundamental risk.
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Economy
Legal security of investment fund assets in portfolio management company investigations
While investigations into portfolio management companies have heightened concerns regarding investment funds, experts stated that fund assets and portfolio management company assets are legally kept completely separate.
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Economy
US-based companies achieve record bond sales in the European bond market
The financing need brought by artificial intelligence investments and high borrowing costs in the US market have directed companies to Europe. Multiple issuances taking place in a single day indicate historic density in the regional market.
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Artificial Intelligence
Economy