What legal entity, established in 2016, serves as Türkiye's sovereign wealth fund, holding state equity in companies like Turkish Airlines, BOTAŞ, and Ziraat Bank?
Answer and explanation
Correct answer: D. Türkiye Sovereign Wealth Fund
- Step 1: The Türkiye Wealth Fund manages a strategic asset portfolio valued at tens of billions of dollars.
- Step 2: It acts as an equity investor in strategic infrastructure, energy networks, and state financial institutions.
Answer
Türkiye Sovereign Wealth Fund.
Why not the others: 'Anatolian Investment Authority' is a fictional entity; 'State Capital Holding' is not a sovereign wealth vehicle; 'National Development Fund' is an Iranian sovereign fund.
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