Norway Wealth Fund Kept Turkish Stocks After Manipulation Probes
Norwayโs $2.3 trillion sovereign wealth fund held on to shares in three Turkish companies this year even after regulators found in 2025 that the stocks had been manipulated.
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Norwayโs $2.3 trillion sovereign wealth fund held on to shares in three Turkish companies this year even after regulators found in 2025 that the stocks had been manipulated.
Turkish stocks are on course to enter a bear market after the recent fund crisis erased billions of dollars from Istanbul-listed firms.
Turkish stocks tumbled on Wednesday as an asset managerโs failure to meet redemption requests fueled concern about broader liquidity stress in the countryโs fund industry.