Sabancı Becomes a Partner of the Karaman Company Ak Portföy, a company owned by Sabancı Group, becomes a partner of Üçsa Ambalaj, based in Karaman.
The dynamism in the packaging industry also manifests itself in the finance sector. Ak Asset Management acquires a partner in Karaman-based Üçsa Ambalaj. Ak Asset Management will make this investment through the First Venture Capital Investment Fund and the Second Venture Capital Investment Fund. Üçsa Ambalaj, whose foundation was laid in 1996, carries out production in the Karaman Organized Industrial Zone. 230 people work in Üçsa's facility, which is managed by Küçükoğlu Family, established on an area of 40 thousand square meters in Karaman.
30 percent of turnover is from exports
Producing flexible packaging in printed, unprinted and laminated forms, Üçsa produces flexible packaging in many different fields such as food and beverage, cleaning products and pet foods. The company gets 30 percent of its turnover from its sales to North Africa, Middle East, Europe, America and Turkic Republics.
About Ak Portfolio Established Under Sabancı Holding
The total portfolio size managed by Ak Portfolio, a 100% Akbank affiliate, reached 44.3 billion TL as of the end of 2019.
In 2019, it grew by 79% above the sector average in terms of total managed assets. In 2019, the company grew by 36% in mutual funds compared to the previous year and reached an asset size of approximately 12.3 billion TL. Managing 58 pension funds, of which many global pension companies are the founders, Ak Asset Management is again the sector leader among private institutions with a fund size of TL 24.1 billion and a market share of 18.9%.
In the Corporate and Individual Portfolio Management business line, which started its operations in 2006, AkPortföy reached TL 6.1 billion in assets by the end of 2019 with a growth rate of 52%, and again maintained its leadership among private portfolio management companies. Since 2016, Akbank Private Banking has been offering “Asset Management” to its top segment customers with a holistic service model, and enhances its activities by adding value in this privileged area.
Ak Asset Management, Aviva cooperation with the beginning of 2019, Turkey's first mobile fonpro pension investment management platform has been spent to life. Thus, it met the investment management expectations of the new generation savers with another first in the sector by using digital technologies.
Source: dunya.com - Kerim Ülker