Mutual fund
Social security system misses out on a windfall
The passive management of the social security system's reserves has led to large losses.
If the reserves of the funds had been invested in the two mutual funds managed by the now-defunct Social Security Foundation (IKA) from 2002, when the law first allowed for more active management, the return would have been 18.5 billion euros, despite the bond haircut during the debt crisis.
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Number of investors in stock market surpasses 8 million
The number of investors in Türkiye's stock market reached 8.23 million as of the end of March, up from 4.35 million a year ago, quarterly data from the Central Registry Agency (MKK) have shown.
In the first quarter of this year, eight companies went public, with the size of public offerings amounting to 14.7 billion Turkish Liras.
US regulators authorize first bitcoin funds on public markets
U.S. securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.
Regulators approved proposals for 11 ETFs to list on leading exchanges including the New York Stock Exchange "on an accelerated basis," the Securities and Exchange Commission said in a 22-page order.
Mutual fund managers continue to record net investments
Mutual fund management companies in Slovenia find that despite the increased uncertainty and drops on stock markets, investors continue to make net investments in mutual funds. They are optimistic in spite of the value of assets under their management having dropped slightly this year from a record-high of EUR 4.3 billion at the end of 2021.
Govt adopts bill on forms of alternative investment funds
Ljubljana – The government adopted on Friday a draft bill on the forms of alternative investment funds that envisages three forms and two types of funds. The long-awaited bill, with which the state wants to strengthen the capital market, is one of the milestones for the payment of the first instalment from the Covid recovery mechanism.
4 million invest in equities: CEO of Borsa Istanbul
Borsa Istanbul CEO Hakan Atilla speaks at an event in the southeastern province of Gaziantep.
There are nearly 4 million investment accounts within the stock exchange and mutual funds, according to Borsa Istanbul CEO and Acting
Chairperson.
Chinese Online Real Estate Platform Debuts on the US Stock Market
Fangdd Network Group, China's leading online real estate platform, is scheduled to be listed on the US stock exchange next week.
Capital Group returns after leftists’ defeat
A bourse filing by Eurobank late on Wednesday may well mark the end of a five-year period during which foreign investors' attitude toward Greece was one of uncertainty and major foreign institutional portfolios abstained from Greek transactions.
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Mareva Grabowski-Mitsotaki responds after name appears in Paradise Papers
Mareva Grabowski Mitsotaki, the spouse of conservative New Democracy leader Kyriakos Mitsotakis, has issued a statement after her name appeared in a list of 130 Greeks on the so-called Paradise Papers.
In the list, Mitsotaki appears to be the manager of a mutual fund based in the Cayman Islands.
Greek court sets precedent by ruling in favor of widow in legal action against Lehman Bros
Greece’s Supreme Court decided in favor of the wideow of a Greek pensioner who took defunct finance firm, Lehman Brothers, to court reports daily Greek newspaper, Ethnos.