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Yapı Kredi Asset Management Annual Report 2012
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YKAM has been rated by Fitch Ratings, a global rating agency, since 2006.
In 2012, the Company’s leading position in the Turkish asset management
industry has been once again acknowledged by Fitch Ratings and its rating
was reaffirmed as M2+ (Tur), which is the highest rating assigned to a
Turkish asset management company.
The rating scale consists of grades from“M1” to “M5”with “M1” being
the highest rating when all factors such as the company’s resources,
investment management quality, risk management applications and
supporting administration as well as technological infrastructure are taken
into consideration.
This rating is assigned to asset manager operations demonstrating low
vulnerability to operational and investment management failure, relative
to all other asset managers in the same country and to what may be
appropriate for the market in question.
The rating is a reflection of YKAM’s consistently outstanding performance
in growing its assets under management (AuM) with high profitability as
well as international recognition of its experience. It also indicates YKAM’s
state-of-the-art technology built around a robust framework, sound and
vigorous investment administration, portfolio management approach
supported by built in alternative and absolute return driven strategies as
well as its solid risk management and governance framework.
Ratings
In 2012, Fitch Ratings reaffirmed YKAM’s rating as M2+ (Tur), the highest rating assigned to
a Turkish asset management company.
Hayrettin Bülent İmre
Assistant General Manager / CIO
Portfolio Management Unit