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.
Norwayโs $2.3 trillion sovereign wealth fund is concerned that shareholder rights are weakening in many markets, risking long-term value creation in equities.
Saudi Arabiaโs nearly trillion-dollar wealth fund, one the worldโs biggest sovereign investors, is considering increasing its allocation to fixed income assets and award a mandate to Pacific Investment Management Co.
Turkeyโs sovereign wealth fund bought stocks on Thursday to prop up the nationโs equity market, according to people with knowledge of the matter, the latest move to contain fallout from a crash in the countryโs fund management industry.