Equity investors still calm about Turkish war risks

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Equity investors still calm about Turkish war risks

PA-Erdogan
Turkey's President Recep Tayyip Erdogan addresses local administrators in Ankara, Turkey, Wednesday, January 24, 2018. Erdogan said on Wednesday Turkey would extend its military operation in Syria to the town of Manbij, a move that could potentially bring Turkish forces into confrontation with those of their NATO ally the United States. Photo by DHA/ABACAPRESS.COM | Depo Photos/ABACA/ABACA/PA Images

Equity investors seem to be shrugging off the geopolitical tension surrounding Turkey, which is fortunate for a pipeline of Turkish IPOs, but there are risks if relations with the US worsen further, writes Sam Kerr.

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