Reinforcing the view of many of the most sophisticated investors in Sri Lanka’s stock market, Asia Securities (Pvt) Ltd. was crowned as the ‘Best Stockbroking Research Team’ at the annual Sri Lanka Capital Market awards hosted by the CFA Society of Sri Lanka, on August 1.
Asia Securities also dominated the ‘Best Equity Research Report’ category – winning the Gold and Silver awards for its reports on Sampath Bank and Central Finance, by Kanishka Perera and Lakshini Fernando.
This sweeping success at the Capital Market awards is unprecedented and cements Asia Securities’ reputation as Sri Lanka’s leading independent stockbroking firm.
Asia Securities came under new internationally-experienced ownership in 2015, embarking on a mission to provide a differentiated world-class research service to local and domestic investors. Its recent recognition as the best in the industry is testimony to how the firm has helped investors gain deeper insights into the Sri Lankan market and generate higher investment returns.
Combined with a mix of deeper analysis, user-friendly distribution, unique investor events, top corporate access and a deep-rooted research culture, Asia Securities has truly set a new benchmark in equity research in Sri Lanka.
Asia Securities Chairman and a Director of the Colombo Stock Exchange (CSE) Dumith Fernando said, “We set out to establish something different in this market – an objective, investor-oriented and more in-depth research and corporate access offering that could help clients generate higher investment returns. With an internationally-experienced team, we wanted to produce the first homegrown truly world-class research product”.
Commenting on the recent awards, he said “we are delighted and humbled by being recognized as the top research team, especially given the high quality of a few of our competitors. We are fortunate to have a talented and dedicated team, led by Kanishka Perera. We are also grateful for our clients who provided helpful feedback and reaffirmed the value of our research.”
Asia Securities Senior Vice President and Head of Research Kanishka Perera added that, “Within just two years, we have established the most comprehensive and consistent stock coverage, with stocks representing over 70 percent of the market capitalisation of the CSE under coverage. As an independent organisation, we have put investors first and provided unbiased research opinions – a quality appreciated by all investors.”