In 2014, CAL’s diverse client portfolio grew exponentially and the company was able to consistently deliver world-class solutions and develop products, to effectively meet the growing needs of its clients.
CAL’s Investment Banking division emerged as the undisputed market leader in listed debenture origination, mergers & acquisitions and equity fundraising.
In 2014, the company advised clients on five debentures that were worth a total value of Rs. 18 billion. A sum of Rs. 10 billion was raised in the month of December alone.
Driven by valued partnerships and a focused sales team CAL’s stockbroking house doubled its market share in 2014.
Propelling CAL to even greater heights, the company’s Investment Management unit became the largest unit trust manager in the country and currently manages in excess of Rs. 40 billion in assets.
CAL also became the No.1 corporate debt trading house in the country and secured its position as the leading non-bank primary dealer in government securities.
In 2014, CAL also carried out many significant transactions for its clients. Our team advised Hemas Holdings PLC on the sale of the company’s controlling stake of Hemas Power PLC for the value of Rs. 1.68 billion.
CAL also managed landmark debenture transactions for DFCC Bank and Sampath Bank PLC, the former being the first single digit interest rate debenture issue on the CSE.
In 2014 CAL also formally launched its online trading platform (CAL Online) dedicated towards further empowering the c ompany’s clients. CAL’s unique equity product, the Quantitative Equity Fund continues to prosper and comfortably outperform the market.
CAL focuses heavily on researching current trends and market conditions in order to deliver exceptional insights for all of its clients.
This year CAL’s dynamic Research unit won a gold award for the ‘Best Equity Research Report’ at the prestigious 2014 Capital Markets Awards Night.
The award was presented by the CFA society of Sri Lanka and CAL clinched the top spot out of the 40 report entries that were submitted.
The company also continued to invest in its people, and conducted a variety of training sessions to help strengthen their knowledge and expertise.
As part of CAL’s annual training programme, a dedicated training session on fixed income trading was conducted for team members by Mr. H Jaishankar, an experienced consultant from India.
Commenting on the company’s performance, Ajith Fernando, Managing Director/CEO CAL stated, “Our success in 2014 can largely be attributed to our tailor-made approach to developing products and solutions for our clients.
We analyze each client’s intricate and diverse requirements and thereafter create products that meet those specific needs.
We invest a great deal of time and resources into understanding the goals and preferences of our clients, and this supported by high quality research, enables us to consistently deliver value.”
Capital Alliance (CAL) is continuously striving to become the preferred partner in financial markets.
Having commenced operations in October 2000, CAL has established itself as a leading player in the financial markets of Sri Lanka.
The company specializes in the origination, trading and investment of debt and equity securities and this mix of expertise and services allows CAL to offer integrated and customized solutions to its customers across the entire financial spectrum.
The company strives to build lasting relationships with all of its clients, in order to acquire an in-depth understanding of their needs and goals.
In a short period of time, CAL has built a reputation for itself as a market leader, by consistently delivering excellence in execution, world-class research and product innovation.