Adjustment of presentation of portfolio performance to global standards and its application to Turkey

In recent years, the developments of globalization have affected every aspect of the life including finance industry. Number of investors as investment banks and individuals have been increasing and also, the amount of funds that these investors bring to these financial markets have been increasing too. Because of these developments, portfolio management has to be done professionally and there is a requirement for professional institutions such as investment banks that help individual investors about portfolio allocation decisions.This dissertation (?Adjustment of Presentation of Portfolio Performance to Global Standards and its Application to Turkey?) shows the importance of publication/and presentation of portfolio performance of investment banks which manages institutional and individual portfolios to public with a standardized rules.Under the general principles of portfolio presentation rules, acceptance of standards that are transparent, fair, trustworthy and protective investors play an important role to educate investors and help them to make correct and efficient portfolio allocation decisions and also positively affects the development of financial markets in implemented countries.Standardization will help managers of global portfolio investment funds to improve their understanding of foreign financial markets and will lead a unique standard to be used in all markets for presentation. Thus, this standardization in presentation will help investors to improve their market shares in international markets.In application part of this dissertation, by using surveys, it is analyzed whether there is an understanding about the importance of GIPS (CVG) in Turkish financial markets and level of adjustment to these standards and it is understood that Turkish portfolio management firms have accepted and started to apply these standards voluntarily in their works.