Turkish wealth fund more akin to national development bank – S&P
* Turkey does not fit category of conventional wealth fund nations
* Fund regarded as ‘quasi-fiscal instrument’
* Balance of payments shock is larger risk to public finances (Adds quotes, details)
ISTANBUL, Feb 10 (Reuters) – Turkey’s new sovereign wealth fund is more akin to a national development bank, with its design suggesting an effort to create a funding vehicle by leveraging up assets, S&P analyst Frank Gill said on Friday.
Turkey has transferred government st
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