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Minister Mehmet Şimşek: 131 Funds Put Into Liquidation Process by CMB
Minister of Treasury and Finance Mehmet Şimşek announced that 131 funds belonging to seven portfolio management companies have been liquidated by the Capital Markets Board and that there is no systemic risk in the market.
News
Economy
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.
News
Economy
CMB Decides to Liquidate Funds of Seven Companies Following Drop in Borsa Istanbul
Following the Financial Stability Committee meeting led by Treasury and Finance Minister Mehmet Şimşek in response to sharp market volatility and credit issues, the Capital Markets Board liquidated the funds of seven portfolio management companies.
News
Economy
