‘Awareness’ activities for the growth of the fund market undertaken
17.08.2011 /
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Turkey Fund Market Council convened at the Istanbul TOBB Service Building. The meeting, attended by TOBB Board Member Mustafa Boydak, was regarded with interest by the private sector’s and civil society organizations’ high level representatives.​
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- The importance of correct planning
Ideas were exchanged during the meeting on how IPO mobilization and investor mobilization could yield better results by the sector representatives and the importance of correct planning was emphasized.
It was pointed out that the fund market in our country, when compared to other companies was diminutive and that efforts to remedy the situation, ‘awareness’ activities, were being undertaken. It was also mentioned that securities instrumentation were lacking in the market.
Another point that the council members agreed on was the lack of investor and savings in the sector.
It was mentioned that savings are not at the desired level due to deposits heading the market.
Turkey Institutional Investment Directors Association (TKYD) President Gür Çağdaş provided a briefing on the TKYD’s aims, collective investment institutions and portfolio management and the TKYD’s work committees.During the meeting the need for strong lobbying was agreed upon while discussions on how to expand the fund market were under way.