Wednesday, June 26, 2019

CAL Research wins annual Capital Market awards

CAL Research team with the awards

The securities arm of Sri Lanka’s 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 organized 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 recognizes the stockbroking firm which offers the overall best research in terms of quality, breadth and investor reach.

Commenting on the accolades, Capital Alliance Securities (Pvt) Ltd Managing Director Harinlal Aturupane said, “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.” 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.

 

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