Statement from the CMB regarding the portfolio company's funds

Turkey’s Capital Markets Board (SPK) issued a new statement on the investment funds of a portfolio company whose trading had been halted, setting out the conditions under which some funds will be reopened for trading. The regulator did not specify in the cited text how many funds are affected or the size of the assets involved. The move matters because it signals the path back to normal trading for suspended funds and gives investors a framework for when redemptions and transactions can resume. What to watch next is the SPK’s follow-up announcements detailing which funds meet the reopening criteria and the timetable for lifting the suspensions.