Comtrust Asset Management rebrands as CT CLSA Asset Management

Friday, 1 July 2022 00:00 - - {{hitsCtrl.values.hits}}

Comtrust Asset Management, a fully-owned subsidiary of CT CLSA Holdings, has rebranded to CT CLSA Asset Management with effect from 1 June. The objective of the rebranding is to reposition the company consistent with all business units under the single brand identity of CT CLSA. This would enable CT CLSA Asset Management to further establish itself within the industry with the direct association of strong local and international shareholders while upholding its key values of Commitment, Trust, and Continuity to all stakeholders.

The rebranding reassures the commitment by the shareholders to the asset management business, and the continuous support to grow the asset management business to be a market leader in providing innovative wealth management solutions. The investment team led by CT CLSA Asset Management Chief Investment Officer Bimanee Meepagala, delivered exceptional performance in 2021/2022. The Comtrust Equity Fund was ranked No. 1 in the Balanced Fund category for 2021 (as per the data published by the Unit Trust Association), while the assets under management grew by over 60% during the 2021/2022 financial year.

The rebranding would auger well to capitalise on the group synergies and cross sell opportunities across the group. The company has nurtured retail and high net worth investors over its 28 years journey and hopes to leverage its expertise to advice and enhance returns to its clients amidst the current macroeconomic environment.

CT CLSA Asset Management is a fully-owned subsidiary of the CT CLSA Holdings Group and is a pioneer unit trust management company in Sri Lanka. The company manages Equity and Fixed Income Unit Trusts as well as offering Private Portfolio management solutions for both institutional and high net worth investors with varying investment objectives, whilst maximising returns.

CT CLSA Holdings is a leading Capital Market Service provider in Sri Lanka offering Investment Banking, Stockbroking and Asset Management Services through its fully-owned subsidiaries; CT CLSA Capital, CT CLSA Securities (a member of the Colombo Stock Exchange) and CT CLSA Asset Management. CT CLSA Holdings is a subsidiary of listed conglomerate, CT Holdings Group and the CLSA Group of Hong Kong. CLSA is one of Asia’s largest investment groups and a fully owned subsidiary of CITIC Securities, China’s largest investment bank.