Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Fitch Affirms Ceylon Income Fund at 'A-(lka)'
Wed, Jun 18, 2014, 10:25 am SL Time, ColomboPage News Desk, Sri Lanka.

June 18, Colombo: Fitch Ratings has affirmed the National Fund Credit Rating assigned to the Ceylon Income Fund at 'A-(lka)'.

The Ceylon Income fund is managed by Ceylon Asset Management. It primarily invests in corporate debt instruments rated "Investment Grade" BBB - or better, Bank Deposits, Securities Issued or Guaranteed by Banks and Government Securities.

The affirmation of the 'A-(lka)' National Fund Credit Rating is driven by the fund's stable weighted average rating factor (WARF) and rating distribution, while reflecting Fitch's opinion that the fund is moderately concentrated, Fitch said.

Fitch Ratings-Colombo-17 June 2014: Fitch Ratings has affirmed the National Fund Credit Rating assigned to the Ceylon Income Fund at 'A-(lka)'. The fund primarily invests in corporate debt instruments and is managed by Ceylon Asset Management (CAM).

The Full statement by Fitch Ratings can be found here:

ColomboPage - Recent 10 Stories
A Code of Ethics for Sri Lanka Provincial Councilors
-- [6 hours ago]
Sri Lanka Navy and Police seize over 77 kg of Kerala Cannabis
-- [7 hours ago]
Sri Lankan team to leave for India tomorrow for hi-tech rubber industry training
-- [7 hours ago]
Sri Lankan capital Colombo is 4th Fastest-Growing Destination City in the world
-- [8 hours ago]
Tamils in Northern Sri Lanka stage mass protest demanding speedy solutions to their issues
-- [9 hours ago]
Political transition in Sri Lanka brought about crucial peacebuilding opportunities - FM
Meeriyabedda landslide displaced families to get 75 new Army-built houses before Deepavali
Jathika Hela Urumaya holds national convention today
Merchant Shipping sinks new Sri Lankan luxury yacht fleet even before it sails
Sri Lanka Human Rights Commission opposes proposed amendment to Criminal Procedure Code

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.