Hedge Funds & Alternative Investments
Sovereign wealth
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Turkey wealth fund ready to spend after year of M&A
Turkey’s sovereign wealth fund plans to invest $15bn in industries including energy, petrochemicals and gold mining as part of a programme designed to reduce the economy’s vulnerabilities. The investor is focusing on those areas where Turkey constantly runs a deficit in foreign trade, according to chief executive officer Zafer Sonmez….
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Click here to read the full story: Gulf Times