Wednesday Apr 24, 2024
Wednesday Apr 24, 2024
Wednesday, 9 May 2018 00:00 - - {{hitsCtrl.values.hits}}
The CT CLSA Asia Frontier Forum will open today, with over 65 foreign delegates in attendance.
Organised in collaboration with Alfalah Securities, Pakistan; Everest Partners Ltd., Bangladesh; Asian Tiger Capital Partners, Bangladesh; and Ho Chi Minh Securities Corporation (HSC), Vietnam, this is the third consecutive year that CT CLSA Securities has taken the lead to host a regional frontier markets forum in Sri Lanka.
CT CLSA Securities (CT CLSA), which celebrated its 25th anniversary in 2017, is a leading stockbroker in Sri Lanka and a Member of the Colombo Stock Exchange (CSE). CT CLSA has been ranked No. 1 for total market turnover on the CSE for 16 years, including six consecutive years since 2012.
A pioneer in organising corporate access for FIIs, its highly-successful annual Sri Lanka Investor Forum was held continuously since 2010.
CT CLSA broke new ground in 2016 by hosting the first-ever South Asian Frontier Forum to be held in Sri Lanka, with corporates from Bangladesh and Pakistan joining the leading Sri Lankan corporates. In 2017, CT CLSA ventured further by including corporates from Vietnam, in hosting the first ever CT CLSA Asia Frontier Forum in Sri Lanka.
A spokesman said 33 delegates from 25 Foreign Institutional Investor (FII) entities from Africa, Asia, Europe, Middle East, and the US will attend this year’s forum, where 16 top tier Sri Lankan corporates and 15 leading corporates from Bangladesh, Pakistan and Vietnam will conduct nearly 100 one-on-one meetings and over 375 group meetings.
In addition, the main track will have key note presentations and panel discussions featuring politicians, central bankers, regulators, government officials, multilateral lenders, market participants, private equity and private sector personalities from the four countries.
The FIIs represent some of the largest and longstanding investors in Sri Lankan equities, as well as FIIs who made significant contribution towards foreign inflows in to Sri Lankan equities in the last 18 months.
CT CLSA Securities is a fully-owned subsidiary of CT CLSA Holdings, a joint venture between Sri Lankan conglomerate CT Holdings group and Hong Kong headquartered CLSA.
CLSA is Asia’s leading capital markets and investment group and the international platform of China’s largest investment bank CITIC Securities. CT CLSA Holdings is also engaged in investment banking and asset management via fully owned subsidiaries CT CLSA Capital and Comtrust Asset Management.
CLSA Group Secretary and CT CLSA Director Donald Skinner said: “We are extremely pleased that CT CLSA has taken the lead for the third consecutive year to host the very successful, regional, Frontier Forum in Sri Lanka. Their ability to deliver a well-attended event while working with multiple regional partners is testimony to their strong network of foreign institutional investors and on the ground team.”
CT CLSA Securities Chairman Cecilia Muttukumaru said: “We are keen to promote Sri Lanka as an attractive investment destination, and also support the governments’ vision as a financial hub to access regional markets. We are encouraged by the response from our clients and also the corporates from Bangladesh, Pakistan and Vietnam in coming to Sri Lanka for our forum.”
CLSA is Asia’s leading capital markets and investment group, providing global investors with insights, liquidity and capital to drive their investment strategies.
Award-winning research, an extensive Asia footprint, direct links to China and highly experienced finance professionals differentiate our innovative products and services in alternative investment, asset management, corporate finance, capital and debt markets, securities and wealth management.
As the international platform of CITIC Securities, China’s largest investment bank, CLSA is uniquely positioned to facilitate cross-border capital flows and connect China with the world and the world to China. Founded in 1986 and headquartered in Hong Kong, CLSA operates from 20 cities across Asia, Australia, Europe and the United States.
