FEDERATION OF EURO-ASIAN STOCK EXCHANGES
Wide range of Corporate Finance activities
including Public Offerings, Mergers &
Acquisitions, Privatization Advisory, Private
Equity Advisory and Project Finance Advisory
are provided by IS Investment. It is the leader
in the public offerings market in Turkey in
terms of both size and number of transactions
and acted as the lead manager in 62 Public
Offerings between 1988 and 2008. Despite the
global credit crunch, Is Investment completed
11 M&A deals in 2008 while up to date 1 deal
in 2009 size reaching to 2.148 million $. Since
2008, IS Investment has a 12% share in terms
of M&A deal values and 7% share in terms of
deal volume. According to mergermarket M&A
list in terms of deal value, IS Investment is the
leader local investment bank between January
2008 - April 2009 and second in terms of
number of deals. According to dealwatch M&A
list both in terms of deal value and number of
deals, IS Investment is the leader investment
bank for the same period.
IS Investment is also building on its reputation
for innovation with new products and market
tools; the Hedge Fund established by IS
Investment with the initial capital of TL 30
Million, is the first hedge fund in Turkey.
Euromoney has awarded IS Investment as the
"Best Equity House in Turkey" in the category
of Euromoney Awards for Excellence 2008, for
the second time in succession, in honor of its
superior performance in stock market
transactions. It was also named as the Most
Admired investment house in Turkey by
Capital magazine.
IS Investment which has been building up its
strength in Turkish financial markets since its
establishment in 1996 by Isbank has a leader
position in both domestic equity, fixed income
and the newly established derivatives market.
ANNUAL REPORT APRIL 2009
IS Investment has also been active in
international capital markets through which our
clients have a better scope of investment
products for achieving a diversified portfolio.
The ongoing financial crisis, which has
crippled most of the economies around the
World, once again highlighted the importance
of diversification. Parallel to the severe
downturn in housing and nowadays in the
consumer sectors, the World's biggest
economies have been pushed deep into the
arms of recession. Even the biggest and most
prominent financial firms had disclosed
holdings in problematic mortgage backed
securities, which have been hit hard on
disappearing liquidity and mark-to-marked
accounting policies, stunned the World
markets as there is no safe ground among the
companies that are a vital part of the
economic system. Although the major Central
Banks tried to take excessive measures in
order to lessen the severity of this worldwide
crisis, the feeling of distrust among the
investors has kept the financial markets in
pressure while creating opportunities for
others.
Since our establishment in 1996, IS Investment
has been investing heavily on improving our
product mix in order to satisfy the needs and
spread out the single country risks of our
customers. As the liquidity crisis put the
international capital markets to the foreground
of investor's attentions, IS Investment has
already had an ever increasing activity in these
markets. IS Investment has direct market
access capabilities through the major equity
exchanges around the world and also has
execution facilities to emerging markets like in
Middle East and CIS region. In equity markets,
our activities are not only limited to secondary
market trading as we also provide means for
our customers to participate in primary issues
all around the world and chance to invest in
equity options rather than directly in cash
markets. In fixed income markets, with a
volume reaching almost US$ 20 billion in
2008. IS Investment was rated as the top
financial firm among the other Turkish financial
institutions based on transactions booked
outside the exchange. Not only, as IS
Investment, we concentrate purely on Turkish
Eurobonds, but also focus heavily on high
grade credits as well as credits from emerging
market economies like Kazakhstan, Brazil,
Russia and interact with more than hundred
counterparties around the World. The
syndication parts that we have taken on the
Eurobond issues listed below demonstrate our
commitment and willingness to be a more
active player in these markets as a Turkish
institution.
As the financial crisis have created roller-
coaster rides in the World markets, adding to
the ways of diversification, the opportunities
that keep on knocking increased the needs for
exchange-listed derivative instruments. In
order to facilitate our clients' needs for these
leveraged instruments, IS Investment launched
Trade Master International in the beginning of
2008, which is giving execution capabilities to
our investors for investing on their own in
major equity markets and more importantly in
futures markets like CBOT and CME.
Rating ourselves by far as the top Turkish
institution in international capital markets,
not only IS Investment will work on improving
its abilities in organized exchanges around
the World, but also will pursue to provide
access to opportunities in emerging
economies to its clients whom IS Investment
made believe the importance of diversification
with a little kick in it.
In 2008
• The leader in the ISE Stock Market with
6.61% of market share and TL 44 billion /
US$ 33.8 billion of transaction volume.
• The leader in the Bonds & Bills Market
among the brokerage houses with 14.09% of
market share and TL 16.6 billion / US$ 12.8
billion of transaction volume.
• The highest transaction volume in the
Turkish Derivatives Exchange (TurkDEX) with
13.68% of market share and TL 56.9 billion /
US$ 43.8 billion of transaction volume.
• US$ 27.7 billion of transaction volume in
foreign equity and fixed income securities, and
390,648 contracts in derivatives in international
capital markets.
• The leader in the Turkish Eurobonds Market
among the brokerage houses with 6.43% of
market share and TL 3.3 billion / US$ 2.5
billion of transaction volume.
CONTACT INFORMATION
IS INVESTMENT
Is Kuleleri, Kule-2 Kat: 12 4. Levent 34330 Istanbul-Turkey
Tel: +90 212 350 20 00 Fax: +90 212 350 20 01 isyatirim.com.tr / isinvestment.com
For International Capital Markets
For Turkish Capital Markets
For Almaty/Kazakhstan Rep. Office
Contact Name Mr. Ilkay Dalkilic
Contact Name Ms. Ozlem Tumer
Contact Name Mr. Samad Azimov
Tel. +90 212 350 2314
Tel. +90 212 350 2320
Tel. +7 7273 340508
E-mail [email protected]
E-mail [email protected]
E-mail [email protected]
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