Raising Research Standards: The CFA Capital Market Awards, a Springboard for the Equity Research Profession | Print edition

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The Softlogic Stockbrokers team, from left to right; Shadini Silva – Manager, Equity Research and Mahesh Udugampala – Head of Research, Softlogic Stockbrokers.

The ninth annual CFA Capital Market Awards organized by the CFA Society Sri Lanka – scheduled for June this year – aims to recognize and reward professionals who have set benchmarks for the advancement of domestic capital market players. Ahead of the event, the CFA Society spotlights the winning entities of the 2021 edition of the awards, giving voice to valuable insights from attendees over the years.

Best Equity Research Report is one of five major honors given at the CFA Capital Market Awards. Through this, the CFA Society Sri Lanka aims to reward and recognize analysts who produce the best research and promote best practice in fundamental equity research and an informed and efficient capital market.

Softlogic Stockbrokers received the Gold Award in the Best Equity Research Report for 2021 category. a number of accolades over the years. Our research team at Softlogic Stockbrokers constantly strives to provide timely and relevant information to both our investors and our internal investment decision makers. Therefore, we commend the CFA Society Sri Lanka for recognizing industry analysts and inspiring them to raise the standards even further.”

Softlogic Stockbrokers’ success at the Awards is primarily attributed to its report incorporating extensive research, coupled with its presentation in a manner that is easy for investors to digest and understand.

Iftikar Ahamed Managing Director Softlogic Capital PLC

As for the benefit of winning the accolade, Mahesh Udugampala, Head of Research at Softlogic Stockbrokers, says it confirms positive perceptions about the quality of work: “This award provides immense recognition as it is awarded by the CFA Society Sri Lanka. This cements the fact that our research is more reliable and accurate in the eyes of the investor.

“The award also recognizes the credibility of the analyst and appreciates the hard work they have put in,” adds Shadini Silva, head of equity research at Softlogic Stockbrokers.

Commenting on the role of the CFA Society, Udugampala says further steps can be taken to improve financial literacy in the country: “The CFA Society Sri Lanka has done a lot to develop the caliber of professionals working in the industry. For capital markets to develop, greater investor participation is needed, so greater awareness will prove essential over the next couple of years.

The CFA Institute is a global association of investment professionals offering the Chartered Financial Analyst designation. Its Sri Lankan membership of over 240 members consist of CEOs, CFOs, Portfolio Managers, Equity Analysts, Banking Professionals, Investment Advisors and other senior financial practitioners .

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