Acuity Group recognised for best stock broking and corporate finance firm
View(s):The Acuity Group which has been operational for just over five years has obtained global recognition from the Global Banking and Finance Review as the Best Stock Broking Firm in Sri Lanka and the Best Corporate Finance Firm in Sri Lanka for 2014, a media release issued by the company stated.
Commenting on the awards, Ray Abeywardena – the Group Managing Director and Chairman of Acuity Stockbrokers (Pvt) Ltd – stated that Acuity’s ‘Team-Centric’ focus has been fundamental in the Group’s success thus far. Mr. Abeywardena added that the loyal patronage of its clients, the support from the board of directors and all other stakeholders have also been vital in Acuity’s accomplishments.
Acuity Partners Pvt. Ltd. is a Joint Venture (JV) investment banking firm, equally owned by the DFCC and HNB PLC. Apart from Corporate Finance and Stockbrokers, the group also consists of Acuity Securities, Lanka Ventures and Guardian-Acuity Asset Management (JV).
Acuity Stockbrokers (Pvt) Ltd (ASB), established in 2009 as a result of the merger between HNB and DFCC Stockbrokers, has a strong presence in the Sri Lankan stock market primarily due to its ability to service the institutional (both local and international), high net worth and retail investor segments.
Acuity Corporate Finance, the Corporate Finance division of Acuity Partners (Pvt) Ltd (APL), has executed some of the largest and most innovative equity and debt capital raising transactions, including the largest IPO in Sri Lanka in 2013 under very challenging market conditions, the company stated.