Turkey’s capital markets regulator has introduced tighter restrictions on hedge funds, limiting their exposure to individual stocks and related-party securities as authorities seek to address concerns over market manipulation and unusually strong returns, according to a report by Bloomberg.
The Capital Markets Board (CMB) has amended its fund guidelines to impose issuer-level limits based on a company’s free-float ratio. Hedge funds will now be restricted to holding between 2% and 8% of an issue...
Continue Reading
Sign up for FREE to read the full article and access 170K+ alternative investment headlines.
Alternative Investment News