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Allianz Turkiye ranks first in BES funds return rankings in the first 7 months

Allianz Turkiye CEO Tolga Gurkan: “We offer innovative services in the field of private pension and have been making a difference for years with our successful performance in the field of fund management.”

According to EGM data in the first seven months of 2023, Allianz Turkiye ranked first in the weighted return ranking of BES funds with a 50% return rate.

According to the statement made by Allianz Turkiye, the fund amount of Allianz Turkiye, which operates in the private pension field with Allianz Life and Pension companies, reached ₺105 billion, including state contribution. Allianz Turkiye offers services to approximately 1 million participants with its innovative solutions in the field of private pension.

Allianz Turkiye CEO Tolga Gurkan, whose views were included in the statement, said that according to the weighted average return calculation based on Pension Monitoring Center (EGM) data of all pension investment funds in the Private Pension System as of the first seven months of 2023, noted that Allianz Turkiye ranked first with a 50% return rate.

Gurkan made the following assessments:

“As part of our Financial Advisory service, the fact that we provide all our customers with fund recommendations updated according to financial developments by the Allianz Investment Committee has also contributed greatly to this success. We consider the Private Pension System as an important investment tool, not only during the working period, but also during the retirement period, in a position that provides benefits to the society. We offer innovative services in the field of private pensions and make a difference for years with our successful performance in fund management. After evaluating the fund sizes of our current participants according to their correct risk perceptions, we focus on ensuring that they stay in the system for a longer period of time by enlarging them with fund selections. When we look at the steady growth of our customers’ savings, which continue in the system with the actions we take, we see how correct our strategy is.’

Source: AA / Prepared by Irem Yildiz

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