Index provider MSCI has signaled it may reclassify Turkey’s market status from emerging to frontier amid allegations of coordinated trading by fund managers. The move could impact global investment flows and Turkey’s economic standing in financial markets. Regulators have reportedly accused funds of manipulating stock prices through synchronized buying or selling. Investors and analysts are closely watching how this potential downgrade might affect market stability and capital access for Turkish companies.
Index provider MSCI raises prospect of cutting Turkey from emerging market to frontier status amid accusations of ‘co-ordinated trading’ by fund managers
