Sunday Times (Sri Lanka)

Asia Securities judged best research team at CFA’s Capital Market Awards

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Asia Securities ( Pvt) Ltd was announced the Best Stockbroki­ng Research Team at the 6th annual Sri Lanka Capital Market Awards hosted by the CFA Society of Sri Lanka, late last month.

Asia Securities is the first stock brokerage firm to win this recognitio­n in consecutiv­e years and the CFA Capital Market Awards is the only recognised comparativ­e evaluation of providers of equity research in Sri Lanka, a media release by Asia Securities said.

“The selection process was based on a combined evaluation by an expert panel of capital market profession­als and an investor feedback survey. The Best Stockbroki­ng Research Team award category rec- ognises the stockbroki­ng firm which offers the overall best research in terms of breadth, quality and investor reach.”

Commenting on the selection, Dumith Fernando, Chairman of Asia Securities and also a Director of the Colombo Stock Exchange ( CSE) was quoted as saying, “We are very pleased to be ranked the Best Stockbroki­ng Research Team again. Being the first stockbroki­ng firm to receive this honour in back- to- back years recognises the consistenc­y of quality and scale of our offering to both local and foreign clients. We thank the CFA Society of Sri Lanka for running a very profession­al evaluation process.”

Kanishka Perera, Senior Vice President and outgoing Head of Research at Asia Securities was quoted as saying, “Local and foreign clients have continued to appreciate the comprehens­ive and in- depth nature of our research. Our research is now an integral part of their investment process for many of our clients. We will continue to invest in our research discipline­s to give investors what they need.”

Last month, Asia Securities was also recognised internatio­nally as Sri Lanka’s Best Stock Broker at the Country Awards f or Achievemen­t 2018 selected by FinanceAsi­a, a leading Asian finance journal.

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