DOCSLIB.ORG

Annual Report, Including Audited Financial Statements As at 31St December 2013

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report, Including Audited Financial Statements As at 31St December 2013 Annual report, including Audited Financial Statements as at 31st December 2013 UBAM Variable Capital Investment Company Luxembourg R.C.S. Luxembourg B 35 412 No subscription can be received on the basis of this report. Subscriptions are only valid if made on the basis of the current prospectus and the Key Investor Information Documents (KIIDs) supplemented by the subscription form, the latest annual report and the most recent semi-annual report, if published thereafter. UBAM Contents Organisation ....................................................................................................................................................5 Report of the Board of Directors .................................................................................................................10 Report of the réviseur d'entreprises agréé.................................................................................................34 Consolidated statement of net assets.........................................................................................................36 Consolidated statement of operations and other changes in net assets ................................................37 UBAM - CORPORATE EURO BOND ............................................................................................................39 UBAM - CORPORATE US DOLLAR BOND..................................................................................................48 UBAM - DYNAMIC EURO BOND...................................................................................................................58 UBAM - DYNAMIC US DOLLAR BOND ........................................................................................................64 UBAM - EMERGING MARKET BOND...........................................................................................................70 UBAM - EMERGING MARKET CORPORATE BOND...................................................................................78 UBAM - EM HIGH YIELD SHORT DURATION CORPORATE BOND ..........................................................90 UBAM - GLOBAL BOND (CHF).....................................................................................................................98 UBAM - GLOBAL HIGH YIELD SOLUTION ................................................................................................104 UBAM - LOCAL CURRENCY EMERGING MARKET BOND ......................................................................112 UBAM - UNCONSTRAINED BOND .............................................................................................................119 UBAM - YIELD CURVE EURO BOND .........................................................................................................126 UBAM - YIELD CURVE STERLING BOND .................................................................................................132 UBAM - YIELD CURVE US DOLLAR BOND...............................................................................................136 UBAM - EM INVESTMENT GRADE CORPORATE BOND .........................................................................142 UBAM - EUROPEAN CONVERTIBLE BOND..............................................................................................147 UBAM - EURO 10-40 CONVERTIBLE BOND .............................................................................................152 UBAM - GLOBAL CONVERTIBLE BOND...................................................................................................158 UBAM - 30 GLOBAL LEADERS EQUITY (formerly UBAM - PCM GLOBAL EQUITY VALUE) ...............163 UBAM - ASIA EQUITY .................................................................................................................................169 UBAM - ASIA EQUITY HIGH DIVIDEND .....................................................................................................175 UBAM - DR. EHRHARDT GERMAN EQUITY..............................................................................................181 UBAM - EQUITY BRIC+...............................................................................................................................186 UBAM - EUROPE EQUITY...........................................................................................................................194 UBAM - EUROPE EQUITY DIVIDEND+ ......................................................................................................201 UBAM - GCM MIDCAP US EQUITY GROWTH (formerly UBAM - CALAMOS US EQUITY GROWTH)...210 UBAM - IFDC JAPAN OPPORTUNITIES EQUITY ......................................................................................216 UBAM - NEUBERGER BERMAN US EQUITY VALUE ...............................................................................221 UBAM - RUSSIAN EQUITY..........................................................................................................................226 UBAM - SNAM JAPAN EQUITY VALUE (formerly UBAM - IFDC JAPAN EQUITY) ................................231 UBAM - SWISS EQUITY ..............................................................................................................................238 UBAM - TURKISH EQUITY..........................................................................................................................243 UBAM - VP VALUE CHINA EQUITY (merged) ...........................................................................................248 Page 3 UBAM Contents (continued) UBAM - MULTIFUNDS EMERGING MARKETS..........................................................................................250 Notes to the financial statements..............................................................................................................255 Unaudited information................................................................................................................................306 Page 4 UBAM Organisation REGISTERED OFFICE 287-289 route d’Arlon L-1150 Luxembourg Grand Duchy of Luxembourg BOARD OF DIRECTORS OF THE SICAV Mr. Pierre BERGER Managing Director UBP Gestion Institutionnelle SA Geneva, Switzerland Chairman of the Board of Directors Mr. Daniel VAN HOVE Managing Director Orionis Management S.A. Luxembourg, Grand Duchy of Luxembourg Director Mr. Christian ASSEL Managing Director UBP Asset Management (Europe) S.A. Luxembourg, Grand Duchy of Luxembourg Director MANAGERS APPOINTED BY THE BOARD OF DIRECTORS OF THE SICAV (until 31st August 2013) Mr. Pierre BERGER Mr. Daniel VAN HOVE MANAGEMENT COMPANY (since 1st September 2013) UBP Asset Management (Europe) S.A. 287-289 route d’Arlon L-1150 Luxembourg Grand Duchy of Luxembourg MANAGEMENT COMPANY’S BOARD OF DIRECTORS (since 1st September 2013) Mr. Ian CRAMB Executive Managing Director Union Bancaire Privée, UBP SA 96-98, rue du Rhône, CH-1211 Genève 1 Switzerland Chairman of the Board of Directors Mr. Christian ASSEL Managing Director UBP Asset Management (Europe) S.A. 287-289, route d’Arlon, L-1150 Luxembourg Grand Duchy of Luxembourg Ms. Isabelle ASSERAY Managing Director UBP Asset Management (Europe) S.A. 287-289, route d’Arlon, L-1150 Luxembourg Grand Duchy of Luxembourg Mr. André GIGON Senior Managing Director Union Bancaire Privée, UBP SA 96-98, rue du Rhône, CH-1211 Genève 1 Switzerland Page 5 UBAM Organisation (continued) Mr. Patrick PALFFY Managing Director Union Bancaire Privée, UBP SA 96-98, rue du Rhône, CH-1211 Genève 1 Switzerland MANAGEMENT COMPANY’S CONDUCTING OFFICERS (since 1st September 2013) Mr. Christian ASSEL Managing Director UBP Asset Management (Europe) S.A. 287-289, route d’Arlon, L-1150 Luxembourg Grand Duchy of Luxembourg Ms. Isabelle ASSERAY Managing Director UBP Asset Management (Europe) S.A. 287-289, route d’Arlon, L-1150 Luxembourg Grand Duchy of Luxembourg Mr. Pierre BERGER Managing Director UBP Gestion Institutionnelle SA 8, rue Robert-Estienne, CH-1211 Genève 1 Switzerland INVESTMENT MANAGERS (until 31st August 2013) Union Bancaire Privée, UBP SA 96-98 rue du Rhône CH-1211 Geneva 1 Switzerland Union Bancaire Privée, UBP S.A., London Branch 26 St James’s Square Londres SW1Y 4JH United Kingdom Union Bancaire Privée, UBP SA, Zurich Branch Bahnhofstrasse 1 CH-8022 Zurich Switzerland Page 6 UBAM Organisation (continued) INVESTMENT MANAGERS (since 1st September 2013) Sub-fund Management delegated to: UBAM - ASIA EQUITY UBP Asset Management Asia Limited Hong Kong UBAM - ASIA EQUITY HIGH DIVIDEND UBAM - DR. EHRHARDT GERMAN EQUITY DJE Investment S.A. Luxembourg, Grand-Duchy of Luxembourg Dr. Jens Ehrhardt Kapital AG Pullach, Germany UBAM - EQUITY BRIC+ Brazilian portfolio Hedging-Griffo Serviços Internacionais Ltda São Paulo, Brazil Russian portfolio Union Bancaire Privée, UBP SA (London Branch) Geneva, Switzerland Indian portfolio Lloyd George Investment Management (Bermuda) Limited Hamilton, Bermuda Chinese portfolio UBP Asset Management Asia Limited Hong Kong UBAM - EURO 10-40 CONVERTIBLE BOND Union Bancaire Gestion Institutionnelle Paris, France UBAM - EUROPEAN CONVERTIBLE BOND UBAM - GLOBAL CONVERTIBLE BOND UBAM - GCM MIDCAP US EQUITY GROWTH Geneva Capital Management Ltd Milwaukee, United States of America UBAM - IFDC JAPAN OPPORTUNITIES EQUITY IFDC Limited London, United Kingdom UBAM - NEUBERGER BERMAN US EQUITY VALUE Neuberger Berman Group LLC New-York, United States of America UBAM - SNAM JAPAN EQUITY VALUE Sompo Japan Nipponkoa Asset Management Co, Ltd Tokyo, Japan ALL OTHERS SUB-FUNDS Union Bancaire Privée, UBP SA Geneva,
Load more

Recommended publications
  • Cee / Middle East / North Africa This Week
    CEE / MIDDLE EAST / NORTH AFRICA THIS WEEK January 21, 2011 POLAND 2 CZECH REPUBLIC 12 HUNGARY 20 SLOVAKIA 25 TURKEY 31 BULGARIA 40 ROMANIA 45 CROATIA 49 SERBIA 54 BOSNIA & HERZEGOVINA 59 ALBANIA 64 MIDDLE EAST & N. AFRICA 67 Written by IntelliNews. The report is based on sources which we believe to be reliable, but no warranty, either express or implied, is provided in relation to the accuracy or completeness of the information. The views expressed are our best judgement as of the date of issue and are subject to change without notice. Opinions are not necessarily those of Internet Securities Inc., Euromoney Institutional Investor PLC or its affiliates. Internet Securities Inc. and Euromoney Institutional Investor PLC take no responsibility for decisions made on the basis of these opinions. Any redistribution of this information is strictly prohibited. Copyright © 1999-2011 Internet Securities, Inc., all rights reserved. A Euromoney Institutional Investor company. Copyright © 1998-2011 Sofia, all rights reserved. COPYING PROHIBITED. COPYRIGHT 1999-2011 INTERNET SECURITIES, INC., ALL RIGHTS RESERVED POLAND MACROECONOMIC REVIEW Eurostat: Poland's HICP inflation The Harmonised Index of Consumer Prices (HICP) in Poland amounted to 0.3% m/m in accelerates to 2.9% y/y in December December, 2010 and was 2.9% in annual terms vs. 2.6% y/y a month earlier, the EU's statistical office Eurostat has said. In line with Eurostat's estimations, the average HICP inflation for the whole 27 EU amounted to 2.6% y/y in December (vs. 2.3% in November). In the euro-zone, the inflation was 2.2% y/y vs.
    [Show full text]
  • VERGİ NO UNVAN ADRES TELEFON FAKS (VAR / YOK) Altında Olanlar Için EVET / HAYIR) 1 0380753722 AKSU ELEKTRİKLİ EV ALETLERİ SANAYİ VE TİCARET A.Ş
    1/79 ELEKTRİK VE ELEKTRONİK İHRACATÇILARI BİRLİĞİ NİSAN 2019 OLAĞAN GENEL KURULUNA KATILABİLECEKLERİN LİSTESİ İMALATÇI/TEDARİKÇİ BORÇ DURUMU (Doğrudan İhracatı Sınırın 0 VERGİ NO UNVAN ADRES TELEFON FAKS (VAR / YOK) Altında Olanlar için EVET / HAYIR) 1 0380753722 AKSU ELEKTRİKLİ EV ALETLERİ SANAYİ VE TİCARET A.Ş. AKÇABURGAZ MAH. 3036. SOK. NO.2/3 ESENYURT - İSTANBUL 02128866169 02128866919 YOK HAYIR İKİTELLİ ORGANİZE SANAYİ BÖLG. B.DALAN CD. DERSANKOOP SAN SİT S6C BL N:130 2 6080059840 LİDER REZİSTANS MAKİNA SAN VE TİCARET LİMİTED ŞİRKETİ +90(533)779 14 78 VAR HAYIR BAŞAKŞEHİR - İSTANBUL 3 0010381354 A DIŞ TİCARET LİMİTED ŞİRKETİ ÇIRPICI MAH.74/C SOK.NO:74/A ZEYTİNBURNU - İSTANBUL +90(212)416 81 23 +90(212)505 08 29 VAR HAYIR 4 0010803261 A ROYAL SOĞUTMA END.MUTFAK SAN.VE TİC.LTD.ŞTİ. KEÇECİ PİRİ MAH.HASBAHÇE SK.N.9 BEYOĞLU / İSTANBUL BEYOĞLU - İSTANBUL +90(212)361 32 86 YOK HAYIR 5 0010724648 AB POVER BALİSTİK GÜV. VE ENR. SİST. İNŞ. MAD. SAN. VE TİC. LTD. ŞTİ. TURGUT ÖZAL BULV. CUMHURİYET MAH. NO:51/2 BÜYÜKÇEKMECE - İSTANBUL +90(212)444 44 28 +90(212)394 36 58 VAR HAYIR 6 0010736571 ABA LED AYDINLATMA SAN.VE TİC.A.Ş. AKÇABURGAZ MAHALLESİ AKÇABURGAZ CADDESİ NO:43 ESENYURT - İSTANBUL +90(212)222 42 10 +90(212)222 42 11 YOK HAYIR 7 0010658532 ABAMET ÇEVRE TEKNOLOJİLERİ MÜHENDİSLİK MAKİNE İNŞAAT SAN.VE TİC.LTD.ŞTİ. ŞEMSETTİN GÜNALTAY CD.NO:89/11 KADIKÖY - İSTANBUL +90(216)373 33 30 +90(216)373 38 33 VAR HAYIR 8 0010047133 ABB ELEKTRIK SANAYİ ANONİM ŞİRKETİ ORGANIZE SANAYI BOLGESI 2.CAD NO.16 ÜMRANİYE - İSTANBUL +90(216)528 22 00 +90(216)466 53 85 YOK HAYIR 9 0010691250 ABB İHRACAT TİCARET VE ELEKTRİK SANAYİ ANONİM ŞİRKETİ ORGANİZE SANAYİ BÖLGESİ 2.CADDE NO:16 YUKARI DUDULLU ÜMRANİYE - İSTANBUL +90(216)528 22 00 +90(216)466 53 84 YOK HAYIR SARAY MAH.
    [Show full text]
  • Mergers and Acquisitions Report Turkey 2013
    Mergers and Acquisitions Report Turkey 2013 January 2014 Foreword In 2013, many countries continued to be impacted by the global economic crisis and political and economic troubles still dominated agendas. Yet, Turkey, with its economy still growing, albeit to a lesser extent than in previous years, continued to distinguish itself as a successful, important and attractive country to invest in, not only in its region but in the world. In a year when global mergers and acquisitions volume slowed down, Turkey also experienced a slight decrease in transaction volume but reached a record high in terms of the number of deals. After such a year, we are delighted to share the twelfth “EY Mergers and Acquisitions Report”, a widely respected and much used reference material by all market players. The EY Mergers and Acquisitions Report 2013 is a thorough compilation of the facts and trends in mergers and acquisitions that were realized in Turkey in 2013, including comparisons with previous years. The Report also presents the results of our traditional “Mergers and Acquisitions in Turkey Survey” whose participants comprised shareholders and upper management of prominent public companies and private sector establishments in Turkey. We thank the survey participants for their contributions and support, as well as the EY Corporate Finance Team who prepared the EY Mergers and Acquisitions Report 2013. Mustafa Çamlıca Müşfik Cantekinler EY Turkey EY Turkey Country Leader Head of Corporate Finance Services 15 January 2014 Content General evaluation 5 Investor profile 8 Sectoral breakdown 12 Public sector deals 14 Transaction volumes 15 2014 overview 16 The overlook of the Turkish Business World towards the M&A Market 18 List of M&A transactions in 2013 25 Basis of preparation of the study 32 Mergers and Acquisitions Report Turkey 2013 General evaluation In a year when developed countries, many of them European, achieved limited growth, Turkey stood out by meeting growth expectations and exceeding the previous year’s growth rate.
    [Show full text]
  • Piyasa Verileri Tablosu TL/USD 7,9379 BIST 100 1.191 Hisse Endeks H.A.O
    Tarih 23.10.20 Piyasa Verileri Tablosu TL/USD 7,9379 BIST 100 1.191 Hisse Endeks H.A.O. Kapanış Hisse Piyasa Değeri Piyasa Değeri Net Kar (TL)Net Kar Piyasa Göstergeleri Finansal Göstergeler (%; Yıllık) Getiri (%) Hisse Kodları (%) (TL) Adeti (TL mn) ($) 2018/12 2019/12 2019/06 2020/06 Değişim F/K PD/DD FD/FAVÖK FD/Satış Net Borç (TL) N.Kar Marjı FAVÖK Marjı Haftalık Aylık Yıllık Senetleri XU100 1.190,63 852.502.567.240 107.396.486.129 90.844.166.923 89.380.650.239 38.884.330.823 33.545.146.448 -13,7% 10,50 1,05 7,69 1,09 347.924.398.803 -0,18 7,98 19,32 BIST 100 Endeksi XU030 1.305,37 529.496.538.707 66.704.863.844 71.604.053.222 65.401.296.171 28.413.768.763 24.904.765.476 -12,3% 8,18 0,85 6,94 0,98 272.654.371.376 -0,79 5,98 5,67 BIST 30 Endeksi XUTUM 1.378,00 1.494.188.085.477 188.234.682.407 92.528.745.523 92.292.214.725 39.455.655.563 33.734.912.461 -14,5% 16,76 1,65 8,15 1,03 424.911.738.102 -0,18 9,71 35,10 BIST TÜM Endeksi DAYANIKLI TÜKETİM SEKTÖRÜ 32.381.175.025 4.079.312.542 1.850.293.457 1.853.440.020 799.052.835 1.619.543.088 102,7% 9,30 1,64 5,80 0,72 12.032.860.943 6,2% 13,0% -1,16 7,40 54,65 Beyaz Eşya 26.282.579.945 3.311.024.319 1.479.140.457 1.529.393.020 763.574.835 1.019.452.088 33,5% 10,15 1,72 6,36 0,74 6.085.333.943 7,3% 11,4% -1,33 7,80 37,79 ARCLK 30 25 28,22 675.728.205 19.069.049.945 2.402.278.933 851.756.000 924.833.000 444.484.000 662.357.000 49,0% 9,91 1,50 6,11 0,68 5.366.926.000 5,4% 11,1% 2,84 21,53 51,48 Arçelik IHEVA 60 2,06 350.500.000 722.030.000 90.959.826 6.828.981 42.860.897 6.181.709 7.578.984 22,6% 16,31 1,87 17,76 2,65 -2.161.992 16,3% 16,1% -5,50 -5,94 24,10 İhlas Ev Aletleri SILVR 45 4,50 45.000.000 202.500.000 25.510.525 -2.005.524 -6.372.877 -4.279.874 -1.203.896 71,9% a.d.
    [Show full text]
  • Annual Report 2011
    2011 ANNUAL REPORT Contents SECTION I - Introduction SECTION II – Management and Corporate 03 Annual Report Compliance Opinion Governance 04 Agenda of the Ordinary General 102 Summary of the Board of Directors’ Shareholders’ Meeting Annual Report 05 Amendments to Article of Association 103 Board of Directors and Auditors 06 About Garanti 104 Senior Management 08 Corporate Profile 108 Committees and Committee Meetings 09 Our Vision, Mission and Strategy Attendance 10 Main Pillars of Our Strategy 111 Support Services Providers 11 Our Core Values 111 Risk Management Policies 12 Milestones in Garanti’s History 116 Audit Committee’s Assessment of 14 2011 Macroeconomic Overview the Internal Control, Internal Audit and 16 Chairman’s Letter Risk Management Systems 17 Letter from the CEO 118 Related Party Risks 20 Financial Highlights 120 Corporate Governance Principles 22 Garanti in 2011 Compliance Report 22 Key Financial Indicators 22 Key Financial Ratios SECTION III – Unconsolidated Financial 23 Garanti’s Competitive Advantages and Statements Market Shares 134 Independent Auditors’ Report 24 Garanti: The Leading Bank in Turkey 135 Unconsolidated Financial Report as of 24 Key Financial Figures (5 year) and for the Year Ended December 31, 26 Assessment of Financial Position, 2011 Profitability and Debt Payment Capability SECTION IV – Consolidated Financial 27 Garanti’s Credit Ratings Statements 28 Auditors’ Report 220 Independent Auditors’ Report 28 Profit Distribution 221 Consolidated Financial Report as of and 29 Information on Garanti Bank
    [Show full text]
  • HİSAR SCHOOL New Teachers' Survival Guide 2015-2016
    HİSAR SCHOOL New Teachers’ Survival Guide 2015-2016 Contents WELCOME TO HISAR SCHOOL! ................................................................................................................ 4 MISSION ................................................................................................................................................... 4 HİSAR EDUCATIONAL FOUNDATION ........................................................................................................ 4 TURKEY AND ISTANBUL ........................................................................................................................... 5 GENERAL INFORMATION ......................................................................................................................... 5 LOCATION ................................................................................................................................................ 5 CLIMATE ................................................................................................................................................... 5 HISTORY ................................................................................................................................................... 6 MOVING TO ISTANBUL ............................................................................................................................ 7 WORK PERMIT ......................................................................................................................................... 7 GETTING
    [Show full text]
  • Faaliyet Raporlaması Yatırımcı İlişkileri İhtisas Editörlüğü Yatırımcı İlişkileri
    Faaliyet Raporlaması Bu broşürde: Faaliyet Raporlaması Yatırımcı İlişkileri İhtisas Editörlüğü Yatırımcı İlişkileri İhtisas Editörlüğü We are a registered Organizational Stakeholder of the Global Reporting Initiative (GRI) and support the mission of the GRI to develop globally accepted sustainability reporting guidelines through a global, multi-stakeholder process. İçindekiler Kısaca Tayburn 2 Faaliyet Raporlaması 12 Faaliyet Raporlamasının BiLGiNiN Geleceği 16 Bir Retrospektif 1994-2015 18 ÇÖZÜM 2016 Faaliyet Raporlaması Portföyümüz 32 Yatırımcı İlişkileri 100 GÜCÜ İLE... İhtisas Editörlüğü 114 1994’ten Günümüze Hizmet Sunduklarımız 117 İletişim 120 ...1994 YILINDAN BUGÜNE TÜRKİYE’DEKİ MÜŞTERİLERİMİZ İÇİN KATMA DEĞER ÜRETİYORUZ. İstanbul Edinburgh Liverpool Londra 2 TAYBURN Kısaca Tayburn Tayburn, müşterilerine; • Faaliyet raporlaması • Sürdürülebilirlik danışmanlığı ve raporlaması • Yatırımcı ilişkileri • İhtisas editörlüğü • Pazarlama • Marka • Dijital segmentlerinde hizmet sunmaktadır. Genel merkezi Edinburgh’da olan Tayburn, müşterilerinin etkin ve sürdürülebilir bir paydaş iletişimi kurmalarında rol oynamaktadır. Bilginin çözüm gücü ile şekillenen terzi işi ürün ve hizmetleri, Tayburn’ün müşterilerine sunduğu katma değeri oluşturmaktadır. TAYBURN 3 Tayburn’ün stratejisi ve hizmet yaklaşımı Tayburn’ün stratejisi; • yenilikçiliği besleyerek büyümek, • yetkinliklerini sürekli güncellemek ve geliştirmek, • bilgiye dayalı katma değer üretmek, • sürdürülebilirliğe katkıda bulunmaktır. Sürdürülebilirliği benimsemiş bir kurumsal iletişim
    [Show full text]
  • CEO Perspective on Digital Transformation in Turkey
    Table of Contents 1 Research Profile 2 Executive Summary 4 What does digital transformation mean for the corporations? 6 The sound of footsteps of digital transformation is increasing in Turkey 1. Clarity and comprehensibility of digital strategies are highly correlated with the level of digital maturity and the industry the corporation operates in. 2. The factors driving digital transformation include efficiency increase and the ability to quickly respond to the clients' needs. Differentiation, innovation and the development of new revenue sources are not yet considered among the factors encouraging transformation. 3. Macroeconomic factors, talent, and digital technologies are among the most important external developments. 4. Digital technologies are considered to produce the utmost value in the fields of operational efficiency, data and data analytics. 5. In terms of investments into digital, telecommunications, insurance and banking rank in the top three. Retail also gets a honorable mention among other sectors. 6. Contacts with end-users make investment with focus of B2C companies different than those of B2B companies. 7. Corporations in other industries or start-ups are expected to provide the highest sources of competition. 8. While the CIO/CTO (Chief Information Officer / Chief Technology Officer) position is still valid in terms of digital transformation, new job descriptions are also necessitated. C level posts responsible with digital transformation (Chief Digital Officer - CDO) are gaining rapid traction. CMOs (Chief Marketing Officers) are also expected to play a role in digital transformation. 9. Lack of competency and strategy, security problems and lack of association with robust commercial results rank top among the issues which slow down digital transformation at corporations.
    [Show full text]
  • What's Inside
    BORSA ISTANBUL MARKETS MONTHLY September 2014 What’s inside Consolidated Data Total Value of Trading in All Markets, Breakdown by Markets, BIST Main Indices Equity Market Total Value of Trading, Breakdown by Instruments, Market Cap., Blue Chips Heat Map, Monthly Top 10s Fixed Income Market Total Value of Trading, Breakdown by Instruments, FI Indices, Repo Rate, Benchmark Bond Rate Derivatives Market Total Notional Value of Trading, Breakdown by Underlying Asset, Open Interest, Number of Trades, Top 10 Members Commodities Market Total Value of Trading, Breakdown by Instruments, Number of Trades, Member Distribution BORSA ISTANBUL CONSOLIDATED Total Value of All Trading (USD billions) Monthly Traded Value Market Breakdown, September 2014 Click on markets for details 5.6% 0.3% 10.4% Fixed Income Market Equity Market Derivatives Market 83.8% Commodities Market Total Value of Trading in September % Change YoY= % 2.9 BIST30 vs BIST Industrial vs BIST Financial Indices BIST100 Versus BIST30 30.09.2013=100 Cobweb Battle, 120 100 80 60 40 Click line for graph 20 0 Jul-14 Jan-14 Jun-14 Oct-13 Apr-14 Sep-13 Feb-14 Sep-14 Dec-13 Aug-14 Nov-13 Mar-14 May-14 Sep 1=100 BIST 30 BIST INDUSTRIAL BIST FINANCIAL BIST100 BIST30 September 30 74,938 91,601 % Change MoM -6.69 -7.17 BORSA İSTANBUL, MONTHLY REPORT, SEPTEMBER 2014 2 EQUITY MARKET Total Value of Trading Breakdown of Traded Value (USD billions) 40 36 35 35 33 35 34 33 34 34 33 30 2% 30 28 6% 26 27 25 20 15 10 92% 5 0 National Market Collective Products Market Second National Market Jul-14 Jan-14
    [Show full text]
  • 2011 YILLIK RAPOR İçindekiler
    2011 YILLIK RAPOR İçindekiler BÖLÜM 1 - Sunuş 68 İnsan Kaynakları 03 Yıllık Faaliyet Raporu Uygunluk Görüşü 70 Garanti’nin Entegre İştirakleri 04 Olağan Genel Kurul Gündemi 88 Sürekli Gelişim ve İnovasyon 05 Ana Sözleşme Değişiklikleri 94 Sürdürülebilirlik ve Garanti 06 Garanti Hakkında 08 Kurumsal Profil BÖLÜM 2 – Yönetim ve Kurumsal Yönetim 09 Vizyonumuz, Uygulamaları Misyonumuz, Stratejimiz 102 Özet Yönetim Kurulu Faaliyet Raporu 10 Stratejimizin Temel Yapıtaşları 103 Yönetim Kurulu ve Denetçiler 11 Vazgeçilmez Değerlerimiz 104 Üst Yönetim 12 Kilometre Taşları 108 Komiteler ve Komite Toplantılarına Katılım 14 Türkiye’de 2011 Yılı Gelişmeleri 111 Destek Hizmeti Alınan Kişi ve Kuruluşlar 16 Yönetim Kurulu Başkanı’nın Mesajı 111 Risk Yönetimi Politikaları 17 Genel Müdür’ün Mesajı 116 İç Kontrol, İç Denetim ve Risk 20 Finansal Göstergeler Yönetim Sistemlerinin İşleyişlerinin 22 2011 Yılında Garanti Denetim Komitesi Tarafından 22 Başlıca Finansal Göstergeler Değerlendirilmesi 22 Başlıca Finansal Rasyolar 118 Bankanın Dahil Olduğu Risk Grubuna 23 Garanti’nin Rekabet Üstünlükleri İlişkin Açıklamalar ve Pazar Payları 120 Kurumsal Yönetim İlkelerine Uyum Raporu 24 Garanti: Türkiye’nin Öncü Bankası 24 Başlıca Finansal Büyüklükler (5 Yıllık) BÖLÜM 3 – Konsolide Olmayan Finansal 26 Mali Durum, Kârlılık ve Ödeme Bilgiler Gücüne İlişkin Değerlendirme 134 Bağımsız Denetim Raporu 27 Garanti’nin Kredi 135 Türkiye Garanti Bankası A.Ş.’nin Derecelendirme Notları 31 Aralık 2011 Tarihi İtibarıyla Hazırlanan 28 Denetçiler Raporu Yıl Sonu Konsolide Olmayan
    [Show full text]
  • Unaudited Semi-Annual Report and Financial Statements As at 30Th June 2015
    Unaudited semi-annual report and financial statements as at 30th June 2015 UBAM Variable Capital Investment Company Luxembourg R.C.S. Luxembourg B 35 412 No subscription can be received on the basis of this report. Subscriptions are only valid if made on the basis of the current prospectus and the Key Investor Information Documents (KIIDs) supplemented by the subscription form, the latest annual report and the most recent semi-annual report, if published thereafter. UBAM Contents Organisation ....................................................................................................................................................5 Combined statement of net assets................................................................................................................9 Combined statement of operations and other changes in net assets .....................................................10 UBAM - CORPORATE EURO BOND ............................................................................................................12 UBAM - CORPORATE US DOLLAR BOND..................................................................................................22 UBAM - DYNAMIC EURO BOND...................................................................................................................33 UBAM - DYNAMIC US DOLLAR BOND ........................................................................................................41 UBAM - EMERGING MARKET BOND...........................................................................................................49
    [Show full text]
  • Turkey Brief Turkish – Canadian Relations
    TURKEY BRIEF TURKISH – CANADIAN RELATIONS May 2009 TABLE OF CONTENTS CHAIRMAN’S MESSAGE……………………………………………………1 1 COUNTRY PROFILE: 1.1 INTRODUCING TURKEY………………………...……………………...3 1.2 FUTURE PROSPECTS…………………………………………………… 6 2 TURKISH-CANADIAN ECONOMIC RELATIONS. .....................................7 2.1 LEGAL FRAMEWORK .............................................................................. 7 2.2 TURKISH-CANADIAN BUSINESS COUNCIL ........................................8 2.3 HIGHLIGHTS IN 2006 AND 2007 ............................................................10 2.4 BILATERAL TRADE .................................................................................13 2.5 CANADIAN INVESTMENTS IN TURKEY .............................................15 2.6 EDC IN TURKEY.......................................................................................16 3 BUSINESS OPPORTUNITIES ..........................................................................17 CONSTRUCTION AND REAL ESTATE DEVLOPMENT ......................20 DEFENSE ....................................................................................................30 ENERGY ......................................................................................................36 ENTERTAINMENT AND MEDIA ............................................................62 FINANCIAL SERVICES .............................................................................64 FOOD AND AGRICULTURE ....................................................................80 EDUCATION ...............................................................................................85
    [Show full text]