Magni Because Countries Matter: Turkey - 2014-11
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Media in the United States, as well as in some other countries of the developed world, have generally portrayed Erdogan in a negative light. If one digs below the surface, Turkey has improved its governance under Erdogan's leadership
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- Because Countries Matter ™ Turkey Magni Research Initially, Turkey was ranked in the middle of the Emerging Markets Turkey country score improved over the period, however slower than other countries Resulted in Magni overweighting Turkey relatively to benchmark portfolios Country Performance Major Magni upgrades of Turkey occurred prior to outperformance versus the Emerging Markets benchmark Magni’s mid 2007 downgrade of Turkey occurred before the country’s outperformance ended Confidential
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