First Capital Holdings PLC excels in Sri Lanka’s investment sector with its wide range of financial products and capital market expertise. First Capital Group offers a diverse financial portfolio encompassing Government Securities, Unit Trusts, Asset Management, Corporate Finance, Debt Securities, and Stock Brokering. The standout First Capital Asset Management Division offers investors reliable financial planning through Private Wealth Management and enhanced returns via the First Capital Money Market Fund (FC MMF).
Aligning FC MMF with First Capital’s overall investment strategy: First Capital, a key player in the capital market, has strategically expanded from a business-to-business model to actively engaging with retail investors through the FC MMF. Recognizing the limited investment choices available to the retail sector, First Capital aims to bridge this gap. This strategic adjustment seeks to widen access to capital markets, offering inclusive and accessible financial opportunities for everyone.
Furthermore, First Capital envisions to improve financial literacy in Sri Lanka. The goal is to assist individuals in implementing sustainable wealth-building strategies, reaching beyond short-term financial stability.
FC MMF versus traditional investment options like savings accounts and fixed deposits: The First Capital Money Market Fund (FC MMF) stands out with its attractive returns and easy access to funds. This fund pools resources to invest in various fixed-income securities, offering benefits like improved diversification, risk management, and the potential for greater returns. It targets short-term, low-risk instruments such as treasury bills, commercial papers, and asset-backed securitizations, ensuring a liquid investment option. The result is a diverse and well-managed portfolio designed for the benefit of investors.
A key aspect of the FC MMF is its focus on liquidity, providing investors with the flexibility to access their funds when needed, a crucial advantage during economic downturns. This commitment to accessibility and security positions the FC MMF as a top choice for savvy investors seeking both convenience and performance.
First Capital’s Expertise in Private Wealth Management: In the realm of Private Wealth Management, First Capital emerges as one of the top choices for corporates and individuals seeking a personalized and comprehensive approach to investment services. Recognizing the uniqueness of each client, First Capital tailors its strategies to align seamlessly with each client’s financial aspirations and circumstances. The firm distinguishes itself through a commitment to providing clear and informed guidance, leveraging a team of experts with extensive knowledge of current investment trends and market dynamics.
First Capital’s dedication extends beyond navigation through wealth management complexities; it is a commitment to empowering clients to achieve and surpass their financial goals. The firm emphasizes a practical approach to investing across various asset classes, ensuring a strategic alignment with clients’ objectives. With a team of seasoned professionals, First Capital combines expertise with reliability, offering clients a trustworthy and strategic partner in managing their wealth. Choosing First Capital for Private Wealth Management is an investment in a unique blend of personalized service and financial acumen, providing clients with the tools and guidance needed for a successful financial journey.
Achieving success, even during the economic downturn: Through a combination of strategic foresight, profound capital market expertise, meticulous research, and rigorous analysis, the First Capital Asset Management Division has performed well, even in the face of economic downturns. Attributes its success to a strategic approach and proactive response to economic changes, coupled with adept navigation of the domestic debt restructuring process. This approach has enabled First Capital to adeptly address market challenges, maximize yields, and maintain a portfolio of high-quality, liquid assets, solidifying its reputation as a reliable financial planner for corporates and high-net-worth/ retail clients.
Additionally, professional management and an investment committee guide its strategic direction, while First Capital’s commitment to digitalization and customer empowerment enhances accessibility to capital market opportunities, making it a forefront choice for investors seeking sustainable wealth-building solutions. First Capital can onboard and service investors 100% digitally, enabling clients to access their services from anywhere in the country.
The Team Responsible for the Success of First Capital’s Asset Management Division: The success is attributed to the proficiency and experience of its cohesive and dedicated team. Spearheading the team is Kavin Karunamoorthy, Executive Vice President – Asset Management, along with expert fund managers, analysts, research teams, and professionals in client servicing and business development.
Introducing the team behind the success:
Kavin Karunamoorthy
Executive Vice President – Asset Management
Over two decades of capital market experience
Indika De Silva
Senior Vice President – Asset Management
Over 15 years of capital market experience
Ranuka De Silva
Vice President – Asset Management
Over 12 years of capital market experience
Lasanthi Dissanayake
Assistant Vice President – Asset Management
Over 19 years of capital market experience
Kumaravaran Kanagasooriar
Assistant Vice President – Asset Management
Over 08 years of capital market experience
Shalomi Gunasekara
Senior Associate – Asset Management
Over 04 years of capital market experience
Rahul Samarakoon
Associate – Asset Management
Over 03 years of capital market experience
Thinuri Jayatilake
Associate – Asset Management
Over 03 years of capital market experience
Piyumi Divyanjali
Associate – Asset Management
Over 03 years of capital market experience
Imali Abeygunawardena
Assistant Relationship Manager – Business Development
Over 10 years of capital market experience
Sandeep Fernando
Assistant Vice President – Business Development
Over 16 years of capital market experience
Harrison Kumar
Assistant Vice President – Business Development
Over 15 years of customer relationship, sales, and marketing experience