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Turkish Funds With $7.5 Billion Assets Default on Redemption

Tera Portfoy Yonetimi AS said two of its funds with a combined 366 billion liras ($7.5 billion) in assets failed to meet redemption requests, making it the second Turkish asset manager to announce defaults on some funds this week.

Sage Kakkat · 16 Sep 2026 · 1 min read
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Turkish Funds With $7.5 Billion Assets Default on Redemption

Tera Portfoy Yonetimi AS said two of its funds with a combined 366 billion liras ($7.5 billion) in assets failed to meet redemption requests, making it the second Turkish asset manager to announce defaults on some funds this week.

World News Bloomberg Sep 16, 2026

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