Important Risk Warning for Investment Funds from Economist Hikmet Baydar
It has been reported that disruptions in investment funds undergoing liquidation and in money market funds could negatively affect the payment obligations of citizens and companies.
Economist Hikmet Baydar stated that disruptions experienced in investment funds undergoing liquidation and in money market funds could lead to problems in investors' tax, social security (SGK), loan, and rent payments, emphasizing the need for new regulations.
Potential Disruptions in Payment Obligations
Economist Hikmet Baydar stated that regulations regarding investment funds undergoing liquidation should also be addressed in terms of investors' payment obligations, noting that disruptions in money market funds can have an impact on companies and citizens.
The Impact of Liquid-Structured Funds on Short-Term Needs
Noting that money market funds are preferred for short-term needs due to their liquid structure, Baydar stated that if investors cannot access their money, they may experience problems in tax, social security premium, loan installment, and rent payments.
Sales and Portfolio Effects on Borsa Istanbul
Stating that the effect of funds converting stocks into cash on Borsa Istanbul may vary depending on the portfolio distribution, Baydar said that in portfolios spread across different stocks, sales can be carried out over time.
Fund Management and the Investigation Process of Competent Authorities
Baydar stated that it should also be clarified how the suspension of trading in fund participation shares reflects on fund management, and expressed that the issue must be investigated by the competent authorities.