The upcoming CFA Society Sri Lanka Capital Market Awards, scheduled for June 18th at the Cinnamon Grand in Colombo, marks the 11th edition of this highly anticipated event. Recognized as a prestigious platform for honoring excellence in the local capital markets, the awards ceremony celebrates outstanding achievements in various sectors crucial to economic growth.
The event places a spotlight on the investment research industry, with accolades honoring top talent, including the best research report, sector report, and research team. These awards assess factors such as fundamental analysis capabilities, valuation methodologies, and the consistency of coverage by research houses, reflecting the industry’s evolving focus on fundamental analysis over the past 15 years.
Amidst global economic challenges, the industry has faced significant talent migration, prompting a call for upskilling and talent retention strategies. Key figures within the industry, such as Buddhika Fernando, CFA, emphasize the importance of investing in training and development to cultivate a skilled workforce capable of competing at a global standard.
The CFA Society Sri Lanka Capital Market Awards and initiatives like the CFA Institute Research Challenge Sri Lanka play a pivotal role in upskilling analysts and fostering industry standards. These initiatives not only recognize excellence but also contribute to the development of future financial analysts, ensuring a continuous pipeline of talent in the industry.
Collaborative efforts between industry stakeholders, regulatory bodies, and educational institutions are essential in promoting financial literacy, improving research standards, and addressing talent migration challenges. Through such concerted efforts, the industry can uphold integrity, excellence, and innovation, driving sustainable growth and resilience in Sri Lanka’s capital markets.