Amundi, Europe’s largest asset management company, stated that they have recently made a more constructive assessment of the Turkish local market.
Jais Mehaji, Head of Communications of Amundi, whose headquarters is in Paris, stated in his statement that the news that the company, which manages a portfolio of approximately $2 trillion, has a more positive assessment of the Turkish lira recently is true.
“I can confirm that Amundi has become more constructive regarding the Turkish local market,” Mehaji said.
Amundi’s Head of Emerging Markets Fixed Income Department, Sergei Strigo, said in an interview with Reuters, “We are not ready to increase the allocation (in lira) yet. But it is definitely on our radar screen.”
Source: Trthaber / Prepared by Irem Yildiz