ISTANBUL — According to the findings of a survey of Middle East fund managers conducted by Reuters, the number of funds planning to increase their investment in Turkey is on the rise compared to September 2013.
According to a survey of 15 fund management companies, two of the fund managers stated they are planning to increase their share of portfolios in Turkey over the next three months, one said their fund would decrease investment and 12 managers plan to keep investment at a steady rate.
Additionally, for the first time since September, a questionnaire showed that the number of the managers who plan to increase their share portfolios in Turkey surpassed the number of the ones who plan to decrease.
Chief investment strategist at the Saudi Arabian investment firm MASIC John Sfakianakis said, "As long as balance sheets of companies are in a healthy position, liquidity is high and unless global markets make a downside surprise, we suppose that the markets of Arabic Gulf countries will perform well in the upcoming quarter."
Keep up to date with what’s happening in Turkey,
it’s region and the world.
You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
