ITO President Avdagic: Normalization in the fund market will be achieved with additional measures
Original headlineİTO Başkanı Avdagiç: Ek tedbirlerle fon piyasasında normalizasyon sağlanacaktır
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Istanbul Chamber of Commerce (İTO) President Şekib Avdagiç said Turkey's fund market has stalled as both companies and buyers adopt a wait-and-see stance amid recent turbulence. Avdagiç said he does not expect the contraction to deepen in 2027 and predicted that additional measures will restore normalization in the fund market. He urged that administrative processes be completed quickly and that supplementary measures be introduced without delay. The comments matter because they signal that Turkey's fund market is frozen pending regulatory action, with the pace and scope of new measures the key thing to watch next.
Muhabbit's AI wrote this summary in its own words from Ekonomim's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Şekib Avdagiç, İTO