Turkish Institutional Investment Managers' Association

Mission Statement

The Turkish Institutional Investment Managers' Association (TKYD) was established in 1999. The aim of TKYD is to contribute in the development and enhancement of mutual funds, investment trusts, asset management companies, private pension funds, life insurance companies and other institutional investors in Turkey.


TKYD makes up almost 90 percent of the Turkish mutual fund assets including investment trusts. TKYD has 28 institutional (asset management companies, insurance companies and brokerages) and 39 individual members. The board membership consists of top executives of Asset Management companies.


TKYD is a member of the European Fund and Asset Management Association (EFAMA) and the International Investment Funds Association (IIFA).

Under the chairmanship of the board members, TKYD has set eight committees which are being supported through sector contentions.

TKYD makes and publishes indices to be used for benchmarking in the fund industry. These are KYD Funds, KYD Price, KYD O/N Repos, KYD TL DGB (Domestic Government Bonds), KYD FX DGB, KYD Eurobond, KYD Gold Price, KYD One Month Deposit, KYD Commercial Paper(FIX and FRN) and KYD Inflation Indices.

TKYD's other activities are summarized as; Annual Meeting of Turkish Collective Instruments Industry, participation to the preparations of the government's Istanbul Financial Center project, lobbying activities by the TKYD management to Turkish public authorities on tax and legislative issues and organising conferences domestically or internationally regarding the Turkish investment fund industry.

TKYD owns a sector magazine called 'Institutional Investor' and publishes quarterly since April 2008.

Regulatory Info

Information about the rules, regulations and by-laws of capital markets in Turkey is available on the website of 'Capital Markets Board of Turkey'.

Rules, regulations and legislation for the banking and financial sectors in Turkey are available at the following websites:

  • "Turkish Treasury Department" website
  • "Central Bank of the Republic of Turkish" website
  • "The Banks Association of Turkey" website
  • "Banking Regulation and Supervision Agency" website

Contact Info

Head Office
Tel: +90 212 279 03 99

IIFA Contact

Cüneyt Demirkaya
General Coordinator
Tel: +90 212 279 03 99

Association Members

Mehmet Ersari
Secretary General

Salim Yazici

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