CAL Research clean sweeps 7th Annual Capital Market Awards 2019

Thursday, 11 July 2019 00:00 - - {{hitsCtrl.values.hits}}

The securities arm of Sri Lanka’s No. 1 investment banking firm and preferred partner in the financial market, Capital Alliance Securities (CAL) Research Team made a clean sweep of awards in all categories competed at the 7th Annual Capital Market Awards organised by the CFA Society Sri Lanka recently.

This year, CAL won an array of accolades including Gold Awards for the Best Research Team, Best Equity Research Report, Best Sector Report and a Bronze Award for the Best Equity Research Report. This is the second consecutive year that CAL won the Gold Award for Best Equity Research Report and Best Sector Report.

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 quality, breadth and investor reach.

Commenting on the accolades, Capital Alliance Securities Ltd. Managing Director Harinlal Aturupane said, “We are delighted to have won so much prominence this year as well. This year saw CAL winning Gold in all categories competed. We are indeed very proud and I would like to congratulate the Team on their splendid efforts and consistent performance over the last two years.”

Harinlal further remarked, “These awards are very meaningful since this year was marked by uncertainty on the political front. There was also a significant slowdown in the capital market which required our research team to be at the top of their game in understanding market nuances.”

“Our investment recommendations follow a robust research process and are based on fundamental valuation techniques, enabling investors to benefit from the process of investing for long-term sustainable gains. We focus on guiding investors to build the right equity portfolio that aligns with their risk profiles and long term investment objectives. Our goal is to provide our clients with the leading macro, sector and company research in order to enable effective investment decision making.”

The Annual Capital Market Awards has become an integral feature of the calendar of the financial sector, encapsulating the various sectors of the capital market industry at a single forum. The aim to these coveted awards is to encourage firms in the capital market to engage in best practice and to recognise research teams who produce best-in-class fundamental research on companies and critical sectors. It also recognises research teams that aim to provide high quality and timely research to create an efficient capital market.

As a full-service investment bank including equity brokering, asset management and financial advisory, CAL is uniquely positioned to offer Sri Lankan corporates the opportunity to leverage on its expertise and impeccable credentials to meet their financial objectives.

CAL’s extensive portfolio of services encompasses every expert requirement for a successful transaction, placing it distinctly at the forefront of the industry.