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Fund size of Vakıf Emeklilik exceeds 4 billion TL

 

According to the statistics announced by Pension Monitoring Center as of 17 June 2016, fund size of Vakıf Emeklilik exceeded 4 billion TL including state subsidy funds that amount to 431 million TL with 422 thousand participants. Özgür Obalı, General Manager of Vakıf Emeklilik, gave a statement and said that Vakıf Emeklilik continued to grow with rates above the market averages in 2016.

Stating that their first half performance was in line with the year-end goals, Obalı said: “Including state subsidy funds, our fund size has exceeded 4 billion TL. We believe we will further reinforce our success in fund size by reaching our market share targets in number of participants and amount of contributions.” 

Obalı expressed that Vakıf Emeklilik continued to grow with firm steps and added: “In 2016, we intend to raise our fund size above 5 billion TL, increase the number of our participants and maintain our growth in contributions with an increasing trend. We aim to increase our market share to 8.5 percent.”

 

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