Company Profile. Our Aim is

Transcription

1 Bosphorus Capital Corporate Corporate Overview Overview

2 Company Profile Independent Asset Management firm with a focus on Turkish Capital Markets Licensed and Regulated by the Capital Markets Board of Turkey Manages hedge funds and segregated accounts with individual strategies and a combination of asset classes 4 partners with average 20 years investment experience Dedicated risk management committee, strong operations and compliance infrastructure Serving a solid client base of domestic and international, private and institutional investors with an AUM over TRY mn Our Aim is to achieve and wherever possible outperform our client s investment objectives through an exceptional focus on both producing returns and managing risk. 2

3 Client Base We are equipped to serve Pension Funds Sovereign Funds Insurance and Reinsurance Companies Endowments Foundations Trade Associations and Chambers of Trade Unions Trust Companies Private and Public Companies High Net Worth Individuals Family Offices International individual and institutional investors. 3

4 Key differentiators Most talented portfolio managers and professionals 4 partners with average 20 years investment experience Managers established a number of mutual funds, survived major financial crises in Turkish and global markets and provided significant gains Proven performance in all asset classes Demonstrated success in equities, fixed income, derivatives and multi asset portfolios Offer different strategies and combination of asset classes. Each investment strategy aims to capitalise on defined market opportunities and pockets of talent Focus on risk management and liquidity Dedicated risk personnel and independent risk management solution provider Risk parameters are carefully measured and analyzed and precautions are taken on an ongoing basis Strong operational infrastructure is maintained to avoid any administrative or trading risks Close monitoring of local and international markets Bosphorus Capital investment team is fully equipped and dedicated to utilize the opportunities in the interests of clients Economists monitoring national and international macroeconomic developments, forecasts, analysis of money flow and capital markets Equity and Credit Specialists conducting micro, sector and company analyses 4

5 Partners and Investment Team Fixed Income Mustafa Doğan, PhD Portfolio Manager Mustafa has a BA degree in Business Administration from Bosphorus University, an MBA degree from Indiana University (Bloomington) and a PhD degree on financial derivatives from İstanbul Technical University. Mustafa started his career as a financial analyst at Procter & Gamble in 1989.He worked as Banking & Insurance research assistant at School of Business of Indiana University between He worked for Bankers Trust between and Dışbank between and headed the treasury departments at both banks. He started giving asset management service by 2001 and founded Horizon Fixed Income and Arbitrage Fund in Strategic Momentum Hüseyin Yener Portfolio Manager Hüseyin has a BS degree in Economics from Middle East Technical University. Hüseyin started his career with the Central Bank of Turkey (CBoT) as a research assistant in He worked for the Treasury departments of Toprakbank, Yapı Kredi, Egebank and Yatırımbank between , where he gained experience in the national and international markets. Hüseyin worked for Denizbank AG Wien between 2005 and 2009 as Assistant General Manager responsible for Treasury and Private Banking. 5

6 Partners and Investment Team Multi Asset Portfolios Murat Salar Portfolio Manager Murat has a BS degree in Economics from Middle East Technical University. He started his career at Price Waterhouse Coopers in 1994 as an auditor. He then worked for Anadolu Group companies for 14 years, where he held various positions including Assistant General Manager, General Manager and Board Member between and was responsible from the groups financial companies. Operations, Risk Management and Compliance Tanju Günel Operations, Risk Management and Compliance Tanju has studied Political Science at Ankara University. Tanju has worked at ISE between and then worked at ISE Custody & Settlement Bank (Takasbank) for 14 years at various positions. His latest assignment with Takasbank was heading the group of Takasbank clearing markets, cash operations, foreign relations and accounting. Tanju led the many projects at Takasbank. He was also the board member at CRA (Central Registration Ageny). 6

7 Value Created with Diversified Investment Team 7

8 Our Risk Management Philosophy We believe structured and diligent risk management is the only way to create sustainable performance. Risk Management Company Level Strong Operational infrastructure is maintained to avoid any administrative or trading risks. Industry s leading solution providers are utilized to ensure quality at every level. Risk Management Strategy and Asset Class Levels Investment Committee uses dedicated proprietary models to define return and risk expectations for each fund. These expectations are compared regularly with actual results. Risk Management Portfolio Level Predefined risk parameters for each fund such as volatility, drawdown, liquidity are carefully measured on an ongoing basis. Continuous scenario analysis and stress tests are conducted. Required portfolio changes are implemented accordingly. 8

9 Comprehensive Risk Analysis Although risk can not be eliminated entirely from the portfolio, it can be controlled and managed with intelligent allocation policy Transparency reporting Identification of risk drivers, alpha/beta separation Value at Risk analysis (isolated, incremental, marginal) Analysis is designed to provide insight into drivers of portfolio returns and exposure to market risks Historic scenario analysis and stress testing using Monte-Carlo Simulation Risk Monitoring Models Portfolio Robustness Tests 9

10 Strong Operational Infrastructure Trading All securities transactions are performed via several financial institutions with highest credit rating to reduce counter party risk. Clearing All security transactions are performed with Delivery vs. Payment (DVP) principle. Custody Assurance of custody is given by independent Custodian Banks with country s highest credit rating. 10

11 Advanced Reporting Investor Relations Bosphorus Capital has a dedicated IR team which works to provide a support network to our current and potential investors as well as to maintain our strong relationships founded upon principles of openness, wealth protection and ethical conduct. In addition to our IR team, Investment professionals of Bosphorus Capital are always accessible to clients and will work closely with them to provide specific level of information that they require to understand their investments. Conference-calls and meetings with clients are regularly arranged to share Asset Managers market views. Timely, Transparent and Customized: Weekly flash estimate of performance Reporting Monthly investor report, including performance analysis, commentary, and attribution analysis Final NAV report Monthly in-depth reporting of performance and market outlook Detailed annual and quarterly reports of portfolio strategies, markets and business update Risk analysis and reporting within the framework of Solvency II directive 11

12 Solution Providers We are happy to work harder to preserve our service and operation quality by collaborating distinguished solution partners. Custodian Garanti Bank and Deniz Bank Fund Administration Garanti Bank Independent Auditor Grant Thornton Turkey Tax Advisory Deloitte Legal Doğru Law Office Data Provider Bloomberg and Matriks Risk Management Risk Active 12

13 Bosphorus Capital Portföy Yönetimi A.Ş Metrocity İş Merkezi No 171 A Blok Kat 23 Levent İSTANBUL +90 (212)