Vahap Ta\u015ftan<\/strong><\/p>\n Takas \u0130stanbul verilerine g\u00f6re 2023\/9A d\u00f6neminde i\u015flem yapan kurum say\u0131s\u0131 95 iken 2024\/9A d\u00f6neminde i\u015flem yapan kurum say\u0131s\u0131 107\u2019ye y\u00fckseldi. \u00d6zellikle arac\u0131 kurumlar\u0131n burada daha aktif oldu\u011funu g\u00f6rmekle birlikte Portf\u00f6y Y\u00f6netim \u015eirketleri de yeni ve farkl\u0131 temalarda fonlarla birlikte piyasada alternatifler sunuyor.<\/p>\n Y\u00fckselen fon b\u00fcy\u00fckl\u00fc\u011f\u00fc ve say\u0131s\u0131 ile birlikte fonlar\u0131n da\u011f\u0131l\u0131m\u0131 da d\u00f6nem d\u00f6nem de\u011fi\u015fmekte. Y\u0131l\u0131n ilk dokuz ayl\u0131k d\u00f6neminde fonlar\u0131n toplam b\u00fcy\u00fckl\u00fc\u011f\u00fc 560 milyara y\u00fckseldi ve ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re y\u00fczde 182\u2019lik bir b\u00fcy\u00fcme kaydetti. Y\u0131l\u0131n ilk alt\u0131 ay\u0131ndaki b\u00fcy\u00fcme ise y\u00fczde 211 d\u00fczeyinde. Bu da \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte fon piyasas\u0131nda b\u00fcy\u00fcmenin yava\u015flad\u0131\u011f\u0131na i\u015faret ediyor.<\/p>\n BIST\u2019te May\u0131s ay\u0131ndan bu yana getirilerin azalmas\u0131 ve BIST100 endeksinin 10,000 puan \u00fczerine atmakta zorlanmas\u0131 fonlar\u0131n da\u011f\u0131l\u0131mlar\u0131nda da farkl\u0131l\u0131k yaratt\u0131. Bu da fon da\u011f\u0131l\u0131mlar\u0131nda kritik de\u011fi\u015fimlere neden oldu. BIST\u2019te getirilerin azalmas\u0131 sabit getirili fonlara olan talebi art\u0131r\u0131rken para piyasas\u0131 fonlar\u0131n\u0131n da toplam fon hacmi i\u00e7erisindeki pay\u0131 ge\u00e7en y\u0131l\u0131n dokuz ayl\u0131k d\u00f6nemi olan y\u00fczde 24,7\u2019den bu y\u0131l\u0131n ilk dokuz ay\u0131nda y\u00fczde 42,5\u2019e y\u00fckseldi. Ayn\u0131 d\u00f6nemde hisse senedi fonlar\u0131n\u0131n toplam i\u00e7erisindeki pay\u0131 ise y\u00fczde 14\u2019ten y\u00fczde 3,25\u2019e geriledi. Getiri aray\u0131\u015f\u0131 fon yat\u0131r\u0131mc\u0131lar\u0131n\u0131 bu d\u00f6nemde hisse senedi fonlar\u0131ndan para piyasas\u0131 fonlar\u0131na y\u00f6nlendiriyor. Serbest \u015femsiye fonlar\u0131n\u0131n a\u011f\u0131rl\u0131\u011f\u0131nda ise \u00f6nemli bir de\u011fi\u015fim yer almamakta.<\/p>\n BIST\u2019te 2024 2. \u00e7eyrek finansal d\u00f6nemi sonlan\u0131rken gelen finansallar yat\u0131r\u0131mc\u0131y\u0131 \u00e7ekmekten hala uzak olabilir. Fed ve \u00c7in\u2019den gelen te\u015fvikler BIST\u2019te k\u0131sa vadeli yukar\u0131 potansiyeli desteklese de karl\u0131l\u0131klar\u0131n zay\u0131f kalmas\u0131 yat\u0131r\u0131mc\u0131n\u0131n bir s\u00fcre daha hisse senedi fonlar\u0131ndan uzak kalmas\u0131na neden olabilir. BIST\u2019te ortalama hedefler 13,500 puan ile y\u00fczde 39\u2019luk y\u00fckseli\u015f potansiyeli sunarken sabit getirili fonlarda y\u0131lba\u015f\u0131ndan bu yana getiri y\u00fczde 40\u2019\u0131n \u00fczerinde. BIST\u2019in yeniden cazip hale gelmesini Fed, \u00c7in ve TCMB beklentilerinden \u00f6te en az\u0131ndan 2024\/3\u00c7 finansallar\u0131nda olas\u0131 bir iyile\u015fme g\u00f6r\u00fcp g\u00f6rmeyece\u011fimiz ile ili\u015fkilendiriyoruz. Bu esnada elbette k\u00fcresel risk i\u015ftah\u0131 ve i\u00e7eride enflasyon & faiz ve yabanc\u0131 ilgisi de kilit g\u00f6stergelerden biri olacakt\u0131r.<\/p>\n\n <\/p>\n Kaynak :\u00a0Bloomberg HT<\/span><\/p>\n <\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Fon piyasas\u0131ndaki b\u00fcy\u00fcme ve fon piyasas\u0131nda i\u015flem yapan kurum say\u0131s\u0131ndaki art\u0131\u015fla birlikte toplam fon pazar\u0131 da y\u00fcksek b\u00fcy\u00fcme kaydetti. Y\u0131l\u0131n ilk dokuz ayl\u0131k d\u00f6neminde fonlar\u0131n toplam b\u00fcy\u00fckl\u00fc\u011f\u00fc ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re y\u00fczde 182\u2019lik b\u00fcy\u00fcme…<\/p>\n","protected":false},"author":1,"featured_media":82504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[857,1203,1249],"class_list":["post-82503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-donem","tag-fon","tag-getiri"],"_links":{"self":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/82503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/comments?post=82503"}],"version-history":[{"count":1,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/82503\/revisions"}],"predecessor-version":[{"id":82505,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/82503\/revisions\/82505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/media\/82504"}],"wp:attachment":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/media?parent=82503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/categories?post=82503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/tags?post=82503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}