June 02, Colombo: An Investor Forum held jointly in London by Sri Lanka's Securities and Exchange Commission (SEC) and the Colombo Stock Exchange (CSE) has received an unprecedented response from investors, the securities regulator said.
The CSE and the SEC held the Investor Forum on 30th May 2014 at the Savoy Hotel London in order to showcase the opportunities available in the capital market of Sri Lanka.
The forum, which was organized in association with the London Stock Exchange (LSE) and Bloomberg, received an unprecedented response with over 150 fund managers attending the forum, according to the SEC.
Governor of Central Bank Aith Nivard Cabraal delivered the Keynote Address at the Forum outlining Sri Lanka's Macro Economic outlook and development potential of the country.
Chanakya Dissanayake, Country Head of Copal Amba presented the valuation of the Stock Market whilst Director of CSE Vajira Kulatilaka conducted a presentation on the Debt Market.
Independent fund Manager, Mr. Gordon Frazer of Black Rock Inc, a leading International Fund shared his personal experience in investing in the Sri Lankan Capital Market.
The Chief Executive Officer, London Stock Exchange Alexander Justham also addressed the Forum.
A panel including Governor of the Central Bank Ajith Nivard Cabraal, Sri Lankan High Commissioner to the UK Dr. Chris Nonis, SEC Chairman Dr. Nalaka Godahewa, CSE Chairman Krishan Balendra and CSE CEO Rajeeva Bandaranaike addressed various aspects of the economy, liquidity, Governance and future outlook on the capital market of Sri Lanka.
On the conclusion of the main forum fund managers had one-on-one meetings with listed companies. The nine listed companies - John Keells Holdings, Commercial Bank of Ceylon, Dialog Axiata, Hayleys, Access Engineering , Tokyo Cement, People's Leasing and Finance, Laugfs and MTD Walkers participated in the forum.