"Turkey: A New Type of Mutual Investment Fund in Turkey: Hedge Funds
16 August 2006
Article by Hergüner Bilgen Özeke
The Capital Markets Law ("CML"), and the secondary legislation of the Capital Markets Board ("CMB") are the primary sources of legislation governing the Turkish capital markets. Accordingly, mutual funds in Turkey are established pursuant to the CML and CMB’s regulations. Under the Communiqué Regarding Mutual Funds ("Communiqué"), twelve different types of mutual funds can be established in Turkey...."
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