Asia Securities among Top 5 Unit Trust Managers in first five years

Friday, 13 June 2025 00:08 - - {{hitsCtrl.values.hits}}

Records industry’s highest AUM growth in FY 2024/25

Asia Securities’ wealth management arm emerged as one of the Top 5 Unit Trust Managers in Sri Lanka by the end of the 2024/25 financial year (FY), a notable achievement within five years of launching its unit trust portfolio.

This achievement was driven by a remarkable 190% year-on-year (YoY) growth in Assets Under Management (AUM), the highest in the industry during FY 2024/25 according to data published by the Unit Trust Association of Sri Lanka.

As of 31 March 2025, Asia Securities’ unit trusts had accumulated over Rs. 30 billion in AUM. Notably, more than half of this AUM was generated by new unit trusts launched during FY 2024/25, driven by significant inflows from sophisticated investors.

Furthermore, the Asia Securities Money Market Fund, Asia Securities Gilt Fund, and Asia Securities Dynamic Gilt Fund ranked among the top three performers in their respective categories in terms of returns during the fourth quarter of FY 2024/25.

Asia Securities Chairman Dumith Fernando said: “We launched our unit trusts less than five years ago and have continued to expand our portfolio in response to growing client demand, particularly in fixed income. What is notable is that we have delivered industry-leading returns while maintaining very high asset quality. Looking ahead, we remain committed to serving our unit trust investors with the same level of trust and performance they have come to expect from all our service areas.”

“In addition to the momentum in our wealth management arm, our stockbroking arm was once again ranked Sri Lanka’s number one stockbroker for FY 2024/25 in terms of turnover market share on the Colombo Stock Exchange. Our investment banking division has also emerged as the most trusted adviser to blue-chip corporates. These achievements reflect the continued trust placed in Asia Securities as a full-service investment firm by our clients,” he added.

Asia Securities, founded in 1990, is a leading investment firm with a 35-year legacy of trust, performance, and innovation, across equities, research, wealth management and investment banking.

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