Turbulent Turkey funds depleted by 60% - FT.com:
"The assets of the two largest funds focused on the Turkish stock market have fallen more than 60 per cent since their 2013 peak, after years of turbulence at home and abroad for the $800bn economy.
The assets under management of HSBC Global Investment’s Turkey fund have dropped by more than two-thirds to $130m, while the country-focused fund of East Capital, the emerging-market specialist, has lost more than 80 per cent, falling to $110m, according to the companies."
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