FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT JUNE 2010
FINANS ASSET MANAGEMENT
Finans Asset Management offers investors
to get exposure to Turkey through a wide
variety of innovative products.
C. Ozgur Guneri
Executive President
Turkish economy has proved to be one of the
fastest recovering economies following a sharp
deterioration in major economic indicators in
2009 driven by the worst global turmoil since
the World War II. Solid financial institutions,
economic and social reforms which took effect
since the beginning of the decade, significant
experience of the Turkish business community
in crises management, relatively stronger
public balance sheet have all played role to
some extent in the economic upturn.
Turkish banking sector has remained profitable
throughout the crisis. With its strong capital
base, the banking industry in Turkey continued
to provide jobs, support the vital functions of
the economy and facilitate financial markets to
continue to remain healthy. Turkey is expected
to benefit more from healthy financial sector
through a rapid recovery and create the
infrastructure towards long-term sustainable
growth of the economy.
Turkey is believed to be one of the key growth
drivers of economy not only in its region but
globally as well. Turkey’s encouraging
demographics, rapid urbanization, unsaturated
consumer markets, favourable socio and
economic indicators and increasing impact on
regional politics well position Turkey to make a
leap forward in terms of secular development.
For this reason, local and foreign investors are
increasingly trying to develop strategies to
benefit from excellent prospects of Turkey
through direct and portfolio investments. Along
with changes of expectations on a global
scale, investors investing in Turkey look forward
to new products that will enable them to benefit
from bright prospects of the country.
Finans Asset Management continues to focus
on offering the widest range of financial
products and plans to offer new products for
local and foreign investors. Exchange traded
funds have been a major tool for investors to
invest directly to the performance of Turkish
equities or fixed income assets. Finans Asset
Management currently offers six exchange
traded funds which track the performance of
Turkish equities and fixed income with different
strategies.
Investors’ needs and expectations have been
changing rapidly following the unpleasant
memories of the recent global crises. Investors
now seek for financial products which offer
flexibility, transparency, ease of transaction.
Changing investor needs have already started
shaping the future of financial products.
Finans Asset Management, the issuer of many
innovative financial products in Turkey and
Emerging Europe for the first time, will continue
to play a significant role to shape the future of
financial products in Turkey.
Award winning exchange Traded Funds offered
by Finans Asset Management continues to
attract high foreign investor interest with many
advantages such as diversification, core
holding, flexibility, continuous pricing,
transparency, ease of transaction and ease of
operations.
As a part of its strategy, Finans Asset
Management issued the first exchange traded
fund (ETF) based on Istanbul Stock Exchange
(ISE) Index. Based on ISE National 30 Index,
IST30 ETF has been listed on the Istanbul
Stock Exchange since April 2009. IST30 is the
first ETF in Turkey that offers cash market and
futures market simultaneously. Finans Asset
Management is currently working on the first
multi market ETF in Turkey. The first joint index
developed by the Istanbul Stock Exchange,
Greece-Turkey 30 Index will be used as the
basis for GT 30 Greece-Turkey ETF. Diverse
sector breakdown of GT30 will offer investors
to invest in a basket of stocks and gain
exposure to various sectors such as telecoms,
shipping, retail, and refinery.
In addition to Exchange Traded Funds, Finans
Asset Management also offers capital
protected funds, actively managed funds with
various strategies and the first fund of funds in
Turkish market.
Finans Asset Management believes in creating
value for investors through transparent and
efficient products which enables investors
capturing the performance of rapidly growing
Turkish market in the most efficient way.
CONTACT INFORMATION
Contact Name Mr. C. Ozgur Guneri
E-mail [email protected]
Website www.finansportfoy.com
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