Measuring the Performance of Portfolio Management Companies: Data Envelopment Analysis Application
Portföy Yönetim Şirketlerinin Etkinlik Ölçümü: Veri Zarflama Analizi Uygulaması

Author : Kemal VATANSEVER -& Nuri AVŞARLIGİL
Number of pages : 227-233

Abstract

In our work, the activities of the Portfolio Management Companies registered in the Turkish Capital Market were measured by taking advantage of the Data Envelopment Analysis which was used in measuring the activities of the decision units in case of multiple input variables and output variables. For this purpose, activity levels for 2014 and 2015 were compared. Data sets were prepared from the 51 portfolio management companies registered to the Turkish Capital Market using the data of 34 portfolio management companies operating both in 2014 and 2015. The data was obtained from the Illumination of the public platform interface at www.kap.gov.tr. As a result of the study, 9 portfolio management companies operate 100% effective in every two years, 3 portfolio management companies lose their activities in 2015 while the effectiveness is 100% in 2014 and 2 portfolio management companies lose 100% in 2015 reached the event that they reached the activity.

Keywords

Data Envelopment Analysis, Portfolio Management Company, Activity measurement

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