Friday, May 31, 2019

Cherry-picking through Turkey's gloom: The funds staying put while others flee - Reuters

Cherry-picking through Turkey's gloom: The funds staying put while others flee
Tom Arnold

LONDON (Reuters) - While Turkey’s economy flounders, some foreign funds are buying into everything from fizzy drinks firms to automakers to banks as they winnow out likely survivors in the country’s beaten down corporate bond and equity markets.

More:Cherry-picking through Turkey's gloom: The funds staying put while others flee - Reuters