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.

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.

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. 

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