CFA Society Sri Lanka to celebrate Capital Markets Excellence

Now marking its 11th year, the much-anticipated annual CFA Society Sri Lanka Capital Market Awards is scheduled to be held on Tuesday, 18 June 2024, at the Oak Room, Cinnamon Grand, and Colombo.

A signature event in the CFA Society Sri Lanka calendar since its inception in 2012, the CFA Society Sri Lanka Capital Market Awards is among the most sought-after accolades that recognise and reward excellence in the local capital markets.

Held under the theme of ‘The Power of Public-Private Partnerships’, this year’s event will focus on the current status of Public-Private Partnerships (PPPs) in Sri Lanka and their future potential. The discussion on the theme will also draw from the country’s past experiences in handling PPPs, and the role of the private sector, as well as learnings from a regional perspective.

Aruna Perera, CFA, President of CFA Society Sri Lanka, offered his insights on the local capital markets domain, noting, “The recently witnessed migration of skilled professionals due to economic conditions in the country has led to a notable skills gap in the research industry. With more experienced talent exiting the market, new entrants may also not be receiving the adequate training required to understand the nuances of the research industry and produce high-quality research as expected. Therefore, it is imperative that both the industry and institutions such as us take the lead in improving the skills of the new research talent and uplifting the research quality.”

The awards will be presented under the categories of Best Equity Research Team, Best Equity Research Report, Best Sector Report, Best Investor Relations Team, Best Unit Trust Team, as well as the Best ESG Reporting Award, with awards for Gold, Silver and Bronze in each category respectively.

The Best ESG Reporting Award is being awarded for the first time at the CFA Society Sri Lanka Capital Market Awards this year, to recognise the top listed companies in Sri Lanka that have demonstrated a commitment to creating a positive impact in the areas of Environment, Social, and Governance (ESG), and have adopted best practices in ESG reporting and disclosures.