Turkey's Capital Markets Board said it has extended the liquidation deadline for more than 100 Turkish investment funds managed by portfolio managers that are unable to meet redemption obligations from three months to six months. According to Sina Finance, the regulator said the change was made to ensure funds pending liquidation can be disposed of under the most favorable conditions possible, taking into account portfolio structure and market conditions. Liquidation may be completed earlier within the six-month period depending on actual circumstances.