Garanti BBVA Asset Management, being Turkey's first Asset Management Company established in 05.06.1997, is 100% Garanti BBVA subsidiary. Garanti BBVA Asset Management commencing with its activities in 1997 as the first and pioneering company of its sector serves its customers on mutual funds, pension funds, alternative investment management as well as discretionary portfolio management services of institutions and high net worth individuals. Garanti BBVA Asset Management, aimed to be a leading company defining the standards of its sector since the date of its establishment, is an efficient, reliable organization fully committed to ethical values. A combination of investment philosophy based on concrete information with an understanding of consistency and professional service enables Garanti BBVA Asset Management to respond to steadily changing demands of investors. In 2002, Garanti BBVA Asset Management began to provide discretionary portfolio management services to institutional investors, it began to manage pension funds in 2003, and added portfolio management for individual investors among its services in 2004.