Thu, Jul 7, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Turkey Sovereign Fund - Details Revealed

Posted on 21 November 2016

Turkey has established its Sovereign Wealth Fund (Türkiye Varlık Fonu) and the Turkish Sovereign Wealth Fund Management Incorporation (Türkiye Varlık Fonu Yönetimi Anonim Şirketi), its asset management company. On November 9, the Council of Ministers’ decree regarding the Asset Manager’s operating principles(Decree) was published in the Official Gazette.
The resources of the Sovereign Fund are: The institutions and assets within the scope of the privatization program, as well as the Privatization Fund’s excess cash that the High Board of Privatization agrees to transfer to the Sovereign Fund; Surplus income, resources and assets at the disposition of public institutions and organizations that the Council of Ministers decides to transfer to the Sovereign Fund;…………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
July 2022
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031