BlackRock investment fund increased exposure to Turkish equities. Portfolio allocation reached nearly 10 %. Interest in Türkiye markets rose after low foreign investment periods.
Inflation in Türkiye showed slowing. Central bank reduced interest rates. Equity outlook improved. Portfolio managers revisited undervalued Turkish stocks.
Frontiers Investment Trust Plc, a top-performing BlackRock fund, allocated Türkiye as a top country. Only Saudi Arabia and UAE had higher allocations.
Fund managers cited macroeconomic improvement and banking sector opportunities. Companies highlighted included Akbank and MLP Sağlık Hizmetleri. Stock prices showed strong gains.
Foreign investors avoided Turkish markets during high inflation. Currency volatility and uneven policies discouraged investment. Borsa Istanbul 100 Index outperformed other emerging markets.
Managers expressed caution. Disinflation continuity remained uncertain.
BlackRock shift signaled changes in emerging-market allocations. Investor sentiment toward regional opportunities evolved.
