Company 5 stories

Pusula Portföy

Portfolio management company

An Istanbul-based portfolio management company.

Mentions over time

16 Sept 19 Sept

The numbers

Day	Mentions over time
16 Sept	2 stories
18 Sept	1 story
19 Sept	2 stories

Appears with

Latest 5 stories

Pusula ve Tera'dan 2 üst düzey yönetici gözaltına alındı — Photo: Nefes

Economy World press 57 sources 19 Sept, 19:40

Five executives from Pusula and Tera detained in fund investigation

In the Istanbul Chief Public Prosecutor's Office's capital markets investigation, Pusula Holding Chairman Serdar Turhan, Tera Yatırım Holding Chairman Emre Tezmen, and executives Alper Öztürk, Emre Alkin and Kerem Alkin were detained. In the case file, 4 suspects are under arrest, and 51 people are subject to a travel ban and asset freeze.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

+11

Istanbul Chief Public Prosecutor's Office Pusula Portföy Tera Yatırım Akın Gürlek Destek Yatırım

WSJ'den Türkiye'deki borsa ve fon krizine dair çarpıcı analiz — Photo: Ekonomi Manşet

Economy 3 sources 19 Sept, 17:56

WSJ assesses Türkiye's investment fund crisis and liquidation of 131 funds

The Wall Street Journal examined the process that began when some funds failed to meet redemption requests and spread to Borsa Istanbul (BIST); the Capital Markets Board (SPK) began liquidation proceedings for 131 funds belonging to seven portfolio management companies.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

Wall Street Journal Capital Markets Board Borsa Istanbul Pusula Portföy Tera

Tera ve Pusula ile gündeme geldi: Fon krizi nedir, nasıl patladı, son durum ne? — Photo: BirGün

Economy 7 sources 2 updates 18 Sept, 16:58

Funds of seven portfolio companies closed, 131 funds enter liquidation process

On September 17, the Capital Markets Board (SPK) closed the Electronic Fund Trading Platform (TEFAS) funds of Tera, Pusula, Hedef, Atlas, A1, Pardus and Bulls Portföy to buying and selling; according to BirGün's calculations, the 223 funds of these companies total approximately 1.10 trillion lira in size, with 932,000 investors.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

Capital Markets Board (SPK) Tera Portföy Pusula Portföy İş Bankası Ziraat Bankası Bloomberg

Borsa İstanbul'daki kayıplardan sonra Finansal İstikrar Komitesi toplantısı — Photo: BBC Türkçe

Economy 19 sources 17 Sept, 01:17

BIST 100 falls 5.54%, Financial Stability Committee to meet in the morning

BIST 100 fell 5.54% on September 16 to 13,122.58 points; the decline was driven by a portfolio management company defaulting on fund payments and Middle East tensions. The Financial Stability Committee will meet on September 17 at 08:00 chaired by Minister Şimşek.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

Borsa Istanbul (BIST) Financial Stability Committee Mehmet Şimşek Treasury and Finance Ministry Pusula Portföy

Tera Portföy’ün iki fonu temerrütte, 6 fonunda para 10’uncu iş günü ödenecek — Photo: Ekonomim

Economy 6 sources 17 Sept, 01:17

Tera Portföy declares default in two funds, payment periods extended in six funds

On the evening of September 16, as Borsa Istanbul (BIST) fell sharply, Tera Portföy declared a payment default in its THF and TP2 funds. Unit share value in six free funds, including TLY, will now be calculated on the 15th of each month, with sale proceeds paid on the 10th business day.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

Where reports differ

Independent press Ekonomim and Karar focused on the technical content of the disclosures, noting that the default does not mean the fund's collapse but that investors could not access their money within the expected timeframe, and that fund size data varied between 224 and 243 billion lira across different platforms.

Opposition-leaning press Cumhuriyet, Halk TV, BirGün and Evrensel highlighted a statement by Tera Holding Chairman Emre Tezmen referencing President Erdoğan and describing the process as a "speculative attack"; they presented Tezmen's defense of a "temporary liquidity shortage" with skepticism.

Tera Portföy Emre Tezmen Borsa Istanbul (BIST) Public Disclosure Platform (KAP) Sermaye Piyasası Kurulu Mehmet Şimşek Pusula Portföy

Süper Lig Week 6

#		P	GD	Pts
1	Galatasaray	6	+3	13
2	Beşiktaş	5	+8	12
3	Kocaelispor	6	+3	12
4	Alanyaspor	6	+2	11
5	Trabzonspor	6	+8	10
6	Amedspor	5	+7	10
7	Kasımpaşa	6	+2	10
8	Çaykur Rizespor	5	+1	9
9	Gaziantep FK	6	0	8
10	Fenerbahçe	5	+2	7
11	Çorum FK	6	+1	7
12	Başakşehir	6	-1	7
13	Gençlerbirliği	6	-8	7
14	Konyaspor	6	-4	4
15	Samsunspor	5	-5	4
16	Erzurumspor	5	-9	4
17	Eyüpspor	5	-6	3
18	Göztepe	5	-4	2