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Financial markets

First Capital Holdings PLC Emerges as Double Award Winner at Capital Market Awards 2024

Strategic Insights

— 2 min read

At the prestigious 12th Annual Capital Market Awards 2024, First Capital Holdings PLC, a subsidiary of Janashakthi Group (JXG), emerged as a double award winner solidifying its position as a pioneering force in Sri Lanka's capital markets. First Capital clinched the Bronze Award for Best Unit Trust Fund for its flagship First Capital Money Market Fund (FC MMF), emphasizing the Fund's robust investment philosophy centered on investor-centricity, disciplined risk management, and uncompromising governance. Additionally, First Capital Associate Research Manusha Kandanaarachchi was awarded the Silver Award for Best Equity Research Report, highlighting his insightful and high-impact report on JAT Holdings. First Capital's commitment to delivering consistent returns, maintaining the highest standards of transparency and compliance, and providing comprehensive research are integral to its success. The Capital Market Awards recognize excellence, innovation, and transformative impact within Sri Lanka's investment landscape, further solidifying First Capital's reputation as a premier investment partner dedicated to delivering stability, transparency, and sustainable growth.

Key Takeaways:

  • First Capital Holdings PLC emerged as a double award winner at the 12th Annual Capital Market Awards 2024.
  • The company clinched the Bronze Award for Best Unit Trust Fund for its flagship First Capital Money Market Fund (FC MMF).
  • Manusha Kandanaarachchi, an Associate Research with First Capital, received the Silver Award for Best Equity Research Report for his insightful report on JAT Holdings.
  • The recognition of FC MMF underscores the Fund's robust investment philosophy centered on investor-centricity, risk management, and governance.
  • First Capital remains committed to delivering consistent returns while maintaining transparency and compliance.
  • The company emphasizes the dedication and discipline of its Fund management team in receiving this award.
  • Manusha's Silver Award for equity research highlights his analytical depth and commitment to objective reporting, integral to First Capital's research philosophy.
  • The recognition further reinforces First Capital's commitment to promoting best practices in fundamental analysis to support informed and efficient capital markets.

Statistics:

  • First Capital Holdings PLC has secured awards in consecutive years, highlighting its standing as a force in Sri Lanka's capital markets.
  • The company has 3 flagship funds, with its First Capital Money Market Fund (FC MMF) recognized with the Bronze Award.
  • Manusha's insightful report on JAT Holdings received significant accolades, underscoring the company's expertise in equity research.
  • 12th Annual Capital Market Awards 2024 recognized the top performers in the capital market landscape.

Sources:

  • "12th Annual Capital Market Awards 2024 Recognizes First Capital Holdings PLC as Double Award Winner" (First Capital Holdings PLC, 2024)
  • "First Capital Money Market Fund Wins Bronze at Capital Market Awards 2024" (First Capital Holdings PLC, 2024)
  • "Manusha Kandanaarachchi Receives Silver Award for Best Equity Research Report at Capital Market Awards 2024" (First Capital Holdings PLC, 2024)

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