Asia Securities named Sri Lanka’s best in equity research for second year in a row

Asia Securities Ltd. was on Tuesday announced as the Best Stockbroking Research Team at the 6th annual Sri Lanka Capital Market Awards hosted by the CFA Society of Sri Lanka.

Asia Securities is the first stock brokerage firm to win this recognition in consecutive years. The CFA Capital Market Awards is the only recognised comparative evaluation of providers of equity research in Sri Lanka.

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 recognises the stockbroking firm which offers the overall best research in terms of breadth, quality and investor reach.

Commenting on the selection, Asia Securities Chairman Dumith Fernando who is also a Director of the Colombo Stock Exchange (CSE) said: “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 added, “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 for Achievement 2018 selected by FinanceAsia, the leading Asian finance journal. Under new ownership since 2015, the firm has built a strong client following in its Stock Broking and Research offerings as well as the Investment Banking and Advisory services for corporate clients offered through its affiliate company.