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Macro Finance

Norway Fund Bought Tera-Run Turkey IPO That Plunged in Weeks

Bloomberg Markets·October 1, 2026·1 min read

Norway's sovereign wealth fund was a key investor in an IPO underwritten by Tera Yatirim Menkul Degerler AS just two months before the brokerage became the center of the biggest fund scandal in Turkish history. The investment highlights the fund's exposure to the troubled firm.

Read at Bloomberg Markets
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