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Turkey’s SPK begins liquidation of 131 funds holding $18.3 billion

Verifying
  • SPK began liquidating 131 investment funds after Pusula Portfoy and Tera Portfoy missed redemptions.
  • The affected funds hold roughly $18.3 billion, involving approximately 350,000 investors.
  • SPK opened liquidation on September 18 with a three-month target and possible extension.
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