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Turkey's Impossible Benchmark: The 15 Percent Return On Deposits

TedTed
edited June 2017 in Fund Discussions
FYI: Beating your benchmark as an asset manager anywhere is hard enough. In Turkey, the challenge is to beat returns on parking money in a bank account.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-06-06/turkey-s-impossible-benchmark-the-15-percent-return-on-deposits

M* TUR One Year Performance 4.10%:
http://performance.morningstar.com/funds/etf/total-returns.action?t=TUR&region=USA&culture=en_US

Comments

  • Sven
    Wow. Situation is getting desperate. Had wonderful time traveling through Turkey and the people are warm and friendly.
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