Category Archives: Investment

Moody’s Finally Opts to do the Decent Thing on Turkish Bonds

"Moody's finally, finally opted to do the decent thing," said Tim Ash head of emerging-market research at Royal Bank of Scotland Group Plc in London, in response to the ratings agency changing the outlook on Turkey’s Ba2 local and foreign-currency government bond ratings to “positive” from “stable,”. This isn't the...

Posted on 06 October 2010

Turkey a Rising Star in Europe as Firms Invest Heavily

Mark Mobius, chairman of Templeton Asset Management's emerging markets group, who oversees 34 billion US Dollars worth of investments, has said that Templeton is planning to invest 250 million USD in Turkish equities very soon, as Turkish stocks are by far the most attractive of Europe's emerging markets, he said....

Posted on 01 October 2010