AK Asset Management (Akam) is a wholly owned subsidiary of Akbank in Istanbul. The asset manager launched the country's first capital-protected fund in December 2007 and has since created 15 live funds in the country, totalling US$260 million (€194 million).
Managing mutual funds, individual and institutional portfolios, Akam also manages pension funds for Akbank and Avivasa in Turkey. The firm has total assets under management (AUM) of 7.2 billion Turkish lira (€3.65 billion). "Our first fund,