CFA Sri Lanka Capital Market Awards 2017
View(s):The 5th annual CFA Sri Lanka Capital Market Awards 2017 was held at the Hilton Colombo recently, under the theme “Sharpen Your Investment Edge.” The event theme was focused on encouraging those in the investment profession locally to uphold standards of best practice, excellence, and financial market integrity. The speakers of the evening focused on consumerism and the macroeconomic fundamentals driving the consumer sector in Sri Lanka, a media release from CFA Sri Lanka said.
The winners were recognised in four categories namely, analysts who produce best in class reports on fundamental equity research, fund management companies that place unit holder interest first, promote better compliance and transparency to unit holders, stock broker research teams that aim to provide high quality and timely research to create an efficient capital market, and listed companies that practice active investor relations by communicating interactively with the investor community.
The award winners of the evening were – Best Equity Research Report – Gold went to Kanishka Perera, Asia Securities (Pvt) Ltd for the report on Sampath Bank; Silver to Lakshini Fernando, Asia Securities (Pvt) Ltd for the report on Central Finance; Bronze to Nishara Sangapilarchchi, JB Securities (Pvt) Ltd for the report on Ceylon Cold Stores and a certificate of commendation to Anjula Nawarathna – Acuity Stock Brokers (Pvt) Ltd. The Best Unit Trust Fund: Gold – JB Vintage Money Market Fund, Silver – Guardian Acuity Money Market Gilt Fund; and Bronze – Guardian Acuity Money Market Fund. The Best Stock Broking Research Team: Gold – Asia Securities (Pvt) Ltd, Silver – CT CLSA Securities (Pvt) Ltd and Bronze – NDB Securities (Pvt) Ltd. The Best Investor Relations Team: Gold – National Development Bank PLC; Silver – Dialog Axiata PLC; and Bronze – Hatton National Bank PLC.
Speaking of the award ceremony Rachini Rajapaksa, President, CFA Society Sri Lanka said, “We are proud that the CFA Sri Lanka Capital Market Awards is the only award ceremony that incentivizes capital market participants and the stakeholder groups to strive for standards of excellence. The judges for each award category are carefully handpicked and consist of both CFA Charter holders and industry experts. Considerable time and effort is devoted by the judges to ensure fairness, independence and objectivity in selecting the winners.”