Business · Companies · 10 hrs ago
Turkey completes 40.8 billion lira in investment fund liquidations
Turkey completed liquidation transactions in 66 investment funds, paying or transferring assets worth about 40.8 billion lira to more than 45,000 people.
The funds were managed by A1 Portföy, Bulls Portföy and Pardus Portföy, with Ziraat Bank carrying out the transactions.
The number of funds still being liquidated fell from 131 to 65 as a result.
The process is intended to wind up funds ordered into liquidation by Turkey’s Capital Markets Board and return assets to investors.
A bill to support fair and transparent liquidations and provide legal safeguards for payments passed a parliamentary committee on October 14.
Parliament is expected to debate the bill next week, while a broader draft to change capital-markets rules is also under review.
The Capital Markets Board has added funds founded by Hedef Portföy to the same liquidation framework, and payments to as many investors as possible are planned next week, especially those in money-market funds.
Turkey says it has completed about 40.8 billion lira in liquidation payments involving 66 investment funds.
More than 45,000 people received payments in cash or in kind, with Ziraat Bank carrying out the transactions.
The number of funds still in liquidation fell from 131 to 65.
A bill intended to ensure fair and transparent liquidations and provide legal safeguards for payments passed a parliamentary committee on October 14.
Officials expect the bill to be discussed by parliament’s General Assembly the following week.
- Who
- More than 45,000 investors received payments; Ziraat Bank completed the transactions.
- What
- Liquidation transactions worth about 40.8 billion lira were completed across 66 investment funds.
- When
- The announcement was made on October 18, 2026; the liquidation transactions had been completed by then.
- Where
- Turkey.
- Why
- The payments were part of the liquidation of investment funds ordered by the Capital Markets Board.
This story does not have two clearly opposing sides.
A bill on the liquidation of certain investment funds was approved by parliament’s Plan and Budget Committee.
The Capital Markets Board decided that funds established by Hedef Portfolio Management would follow the liquidation rules set for three other portfolio managers’ funds.
Officials reported that liquidation transactions worth about 40.8 billion lira had been completed for 66 funds, reducing the number still in liquidation from 131 to 65.
The bill is expected to be discussed by parliament’s General Assembly, and further payments are planned.
- Completed transactions
- About 40.8 billion lira
- People receiving payments
- More than 45,000
- Funds with completed liquidations
- 66
- Funds remaining in liquidation
- 65, down from 131
- Bank that completed the transactions
- Ziraat Bank