Colombo is literally crowded with foreign fund managers this week providing the country a chance to boost its investment profile.
Over 10 foreign fund managers are attending a two-day engagement with Lankan companies and capital markets and other officials under an initiative by CT Capital and CT Smith Stockbrokers whilst two executives from global financial services firm Morgan Stanley are in town as well.
The latter’s visit is coordinated by John Keells Holdings.
A few months ago the latter was also involved in bringing 10 top fund managers to Colombo under partnership with Credit Suisse.
At yesterday’s CT forum Central Bank Govenor Nivard Cabraal kicked off the event attended by nearly 20 representatives from foreign funds and mangers including Europe based ones operating out of Hong Kong and Singapore. Apart from a comprehensive presentation by Cabraal, the foreign delegates were enriched with presentations from JKH, Dialog, Aitken Spence, Distilleries, Commercial Bank, HNB and Sampath Bank. Today’s engagement also involves several company presentations.
A unique feature of the CT Forum was the participation of several top local fund managers such as EPF, ETF, NSB, Ceybank, Aviva NDB.
source - www.ft.lk
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