Yeni Finans Savaşları Bağlamında Varlık Fonlarının Yatırım Stratejisi ve Türkiye Varlık Fonunun Potansiyelinin Değerlendirilmesi

Year 2020, Issue: 118, 133 - 152, 01.09.2020

Ömer Tuğsal Doruk

Abstract

Birçok ülkede özerk bir varlık yönetim kuruluşu olarak hayata geçirilen varlık fonları çoğunlukla devletin stratejik ve politik amaçları doğrultusunda yatırım politikalarını yönlendirmekte ve küresel finans savaşlarında önemli bir aktör olarak işlev görebilmektedir. Bu çalışmada yeni finans savaşları bağlamında, varlık fonlarının yatırım stratejisinin politik boyutları tartışılmaktadır. Diğer bir deyişle varlık fonlarının uluslararası piyasalarda politik bir güç kazanma amacı güden kamu politikalarına aracılık rolü tartışılmaktadır. Çalışmada ayrıca Türkiye Varlık Fonu A.Ş.’nin yeni finans savaşları kapsamında potansiyeli de değerlendirilmektedir. Türkiye Varlık Fonu A.Ş’nin sermaye malı ithal edilen ülkeler ile politik uzaklığın azaltılması amacıyla yatırım yapma potansiyeline sahip olduğu yorumu yapılabilir. Bu ülkelere yönelik varlık fonu dışında yapılacak olan yatırımlara garantör olma potansiyeline sahip olduğu söylenebilir

Keywords

Varlık fonları, Yatırım Stratejisi, Yeni Finans Savaşları, Türkiye

THE INVESTMENT STRATEGIES OF SOVEREIGN WEALTH FUNDS AND THE EVALUATION OF THE POTENTIAL OF THE TURKISH SOVEREIGN WEALTH FUND IN THE CONTEXT OF NEW FINANCIAL WARS

Abstract

Established as autonomous asset management entities in many countries, sovereign wealth funds generally direct investment policies in line with the strategic and political goals of the state and can function as an important actor in global financial wars. In this article, political aspects of the investment strategies of wealth funds are discussed within the context of new financial wars. In other words, the intermediary role of sovereign wealth funds in government policies which aims at gaining political power in the international markets are addressed. Besides, the potential of the Turkish Sovereign Wealth Fund Corporation is evaluated in terms of new financial wars. It can be suggested that the Turkish Sovereign Wealth Fund Corporation has the potential to invest in the countries from which capital goods are imported to reduce political distance. It can also be stated that it has the potential to be a guarantor for investments to be made in these countries other than the scope of the wealth fund

Keywords

Sovereign Wealth Funds, Investment Strategies, New Financial Wars

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