How Turkey's investment fund bubble burst

Nearly half a million investors poured over $20 billion into Turkish investment funds seeking high returns amid soaring inflation and a weakening lira.

How Turkey's investment fund bubble burst

Within a span of just three years, assets in Turkish investment funds surged to over $20 billion. Driven by the need to hedge against high inflation and the depreciation of the lira, approximately half a million investors—including celebrities, politicians, and former officials—sought out these funds for higher returns. This rapid accumulation eventually led to the bursting of the investment bubble.

তথ্যসূত্র: The Business Standard
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