What Will a 60/40 Portfolio Offer in the Turkish Stock Markets in 2026?

Why the 60/40 Portfolio is Important in 2026?

The year 2026 may bring significant changes for investors in the Turkish stock markets. The traditional 60/40 portfolio strategy, which predicts a distribution of 60% stocks and 40% bonds, offers investors a balance between growth and stability.

The Market of 2025 and Falling Interest Rates

The year 2025 shone as a “discounted but lonely” year for Turkey. While stocks lost value, high policy interest rates directed investors towards low-risk deposit products. However, this period may give way to the brighter face of 2026. The Central Bank of the Republic of Turkey (CBRT) has lowered the policy interest rate to 38% by the end of the year, and expectations of continued interest rate cuts have begun to dominate the markets.

Foreign Investors and the Bond Market

As foreign investors begin to return to Turkey, they typically first direct their investments towards bonds. In periods of high interest rates, bonds provide a safe return for investors. The potential disinflation process in inflation and the decrease in CDS levels indicate that Turkey is once again a “investable” country.

Advantages of the 60/40 Portfolio

For 2026 specifically in Turkey, the 60/40 portfolio becomes attractive with the high interest environment and potential growth. The high initial interest rates offered by bonds, strong coupon yields, and possible price increases present significant opportunities for investors. It is likely that stocks will appreciate in value in the upcoming period.

Strategy for a Balanced Investment Line

When adapting the classic 60/40 approach to the Turkish markets, there are important points to consider. Sometimes, it is crucial to maintain a balance according to the risk appetite of investors while wanting to increase the stock weight or to raise the bond share.

Conclusion: Expectations for Turkey in 2026

The year 2026 may offer investors an opportunity to recall balance again with falling interest rates and a decreasing risk premium. The 60/40 portfolio strategy can gain meaning in the Turkish markets, providing opportunities on both the stock and bond sides. For investors, this year will be one of the most important elements of balance and timing.