Ak Asset Management was established in June 2000 as a wholly owned subsidiary of Akbank with 1 million YTL paid in capital.

Ak Asset Management is managing different types of mutual funds of Akbank and Ak Securities, Ak Investment Trust (CEF) and different types of pension funds of AvivaSA Company. Currently 36 portfolios in total are being managed of which 15 are Akbank, 1 is Ak Securities, 19 AvivaSA Pension funds and Ak Investment Trust.

Ak Asset Management offers various packages of Akbank funds considering the current financial status, future financial expectations, tax planning and risk preferences of the investors.

In the belief that fund management is our "core business" Ak Asset Management aims to be a leader and a pioneer in the sector in terms of market share and new product innovation.

As of 28 September 2007, Ak Asset Management has become 4th largest fund company in Turkish mutual funds market with a market share of 13.11% and with a total size of 3.3 billion YTL (USD 2.7 billion). Together with the assets in Ak Pension Funds and Ak Investment Fund, the total asset value managed is 4.0 billion YTL (USD 3.3 billion).