CFA Capital Market Awards on June 22 | Daily News

CFA Capital Market Awards on June 22

The CFA Society Sri Lanka announced that the eighth annual CFA Capital Market Awards, will be held on June 22, 2021, under the theme ‘Investing with Purpose’.

A signature event in the CFA Society Sri Lanka calendar since its inception in 2013, the Capital Market Awards is among the most sought-after accolades that recognises and rewards excellence in the local capital markets.

Despite the challenges posed by the prevailing pandemic conditions, the CFA Society Sri Lanka is of the view that it is imperative for the awards ceremony to be held this year, which speaks to its belief in maintaining the standards of CFA as well as the Capital Market Awards. As a result, the event this year will be held virtually, taking into consideration the restrictions in place.

The objective of conceptualizing an event of this nature is to recognise and reward professionals who have established industry benchmarks for the advancement of domestic capital market participants and stakeholder groups to strive for excellence.

Dinesh Warusavitharana, President – CFA Society Sri Lanka, said, “This year, we have selected the theme as ‘Investing with Purpose’ to highlight the importance of sustainable investments, which will lead to stronger long-term returns for investors.”

“Adopting international best practices in fund management and environmental and social governance is key, as these are two factors given prominence to by international institutional investors when investing in emerging markets. Adopting such standards will also benefit Sri Lanka during a time where it is looking to attract new foreign investors to the country,” he adds.

Rashmi Peiris Paranavitane, Chairperson – CFA Capital Market Awards, affirms that “in a year that has been marked by volatile market conditions and uncertainty, we are pleased to recognise analysts and firms that have strived to uphold standards of excellence and responded most effectively to clients’ needs.”

The event this year is set to feature Benjamin Yeoh, CFA (Senior Portfolio Manager – Global Equities of RBC Asset Management) as the keynote speaker, along with a panel discussion including Kapila Hettihamu (Chief Risk Officer – Commercial Bank of Ceylon), Sid Amalean (Head of Sustainability – MAS Holdings) and Chanakya Dissanayake (Country Head – Acuity Knowledge Partners).

The awards will be presented under the five categories of Best Equity Research Team, Best Equity Research Report, Best Sector Report, Best Investor Relations Team and Best Unit Trust Team, with awards for Gold, Silver and Bronze in each category respectively.

Colombo Stock Exchange (Platinum sponsor), Acuity Stock Brokers (Silver sponsor) and Capital Alliance (Silver sponsor), are the sponsors for the event.