MSCI is responding to concerns about the same underlying problem: funds closely connected to listed companies may hold and trade their shares in ways that obscure who really controls them and how much stock is genuinely available to independent investors. However, MSCI’s announcement does not name Tera or Pusula or make a criminal finding against … Read more
Türkiye’s Investment-Fund Scandal: TERA, Pusula and the September–October 2026 Fund Crisis Status as of 6 October 2026. Türkiye is dealing with a large, still-unresolved capital-markets crisis centered on investment funds managed by Tera Portföy and Pusula Portföy, but extending to Atlas Portföy, Hedef Portföy, A1 Capital Portföy, Bulls Portföy and Pardus Portföy. On 17 September, … Read more
We may be witnessing one of Türkiye’s biggest financial scandals. Here is a roundup by Perplexity: The TERA Fund Scandal in Türkiye Status: 27 September 2026 Executive assessment The “TERA scandal” is best understood as a fund-liquidity crisis combined with a widening criminal investigation into alleged market manipulation, self-dealing, fraud and suspicious money flows. It … Read more