CT Smith says foreign investor forum a success

Thursday, 12 May 2011 00:38 - - {{hitsCtrl.values.hits}}

CT Smith said yesterday it successfully concluded an investor conference held on 9 and 10 May. It was organised in association with Credit Lyonnais Securities Asia (CLSA) Capital Markets.

The conference was attended by a number of leading foreign institutional investors and domestic institutional investors. The attendees had the opportunity to listen to presentations from several leading corporate entities in the country as well as some key policymakers and advisors to the administration.

Head of the Financial Services Sector at CT Holdings Group Sheyantha Abeykoon said: “We felt that it was an opportune time to hold such a conference given that the markets are consolidating after a record run. "

"We felt there was a need to provide our key clientele with a synopsis of what the outlook was for both the market and the economy. We have also had significant interest from new foreign institutions in the market and this conference gave them the ideal platform to learn about the Sri Lankan story firsthand.”

CT Smith Stockbrokers Director/General Manager Rohan Fernando said: “CT Smith has had strong relationship with its clients for over two decades, due to our focus on high quality service, both in trade execution and research. This was reflected in the strong response we had for the conference.”

CT Smith Stockbrokers has been at the forefront of promoting Sri Lankan equities, both domestically and internationally, since its inception in 1992. It was originally set up as joint venture between Smith New Court PLC, the former British brokerage house and the Ceylon Theatres Group (now renamed CT Holdings PLC).

For nearly two decades, the company has been at the forefront of marketing Sri Lankan equities overseas and has been the dominant stock broking firm generating foreign institutional turnover in the Sri Lankan market.