Turkey ‘Doing Everything Wrong’ Has Zero Appeal at Goldman Sachs
- GSAM’s Finkelstein says ‘No, thanks’ to nation’s assets
- Economy is vulnerable and policy missteps disappoint: GSAM
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Goldman Sachs Asset Management has a simple take on investing in Turkey these days: "No thanks."
That’s how Sam Finkelstein, the firm’s emerging markets chief, responded today when asked if he owned Turkish assets. “One has to be nervous about Turkey,” he said in an interview on Bloomberg television. “They are doing everything wrong.”