SPK's New Fund Guide Signals Major Shift in the Sector

Salih Oğuzhan Sever, a financial analyst at Bulls Portföy, stated that the new fund guide published by the Capital Markets Board of Turkey (SPK) contains comprehensive and stringent regulations that exceed the sector's expectations. Sever noted that this regulation marks the beginning of a new era in the fund management industry and has the potential to significantly impact Borsa Istanbul, particularly BIST 30 stocks. The new guide is emphasized to bring changes across a wide spectrum, from operational processes of fund management companies to investment strategies. The analyst noted that the regulation could reshape competitive dynamics in the sector and also affect funds' risk management approaches. It is anticipated that shares of large-cap companies traded on the BIST 30 index may attract more institutional interest under the new fund guide. This could also be decisive on the overall performance of the index. However, it is noted that the ultimate effects of the regulation on the market will become clearer over time. This is not investment advice.