Thursday 5 November 2015

CSE an ideal place to invest - LSE CEO

London Stock Exchange Chief Executive Officer Nikhil Rathi said the Colombo Stock Exchange is an ideal place for the diversification of risk as its trades at small discount to the regional markets with a market capitalization to GDP ratio among the lowest in the region and a low correlation to developed markets.

Speaking at the “Invest Sri Lanka” Investor Forum hosted in London on October 29 at The Savoy Hotel, he said it’s a good way to broaden out your risk. We are very pleased to welcome companies to London and as you know London has in terms of asset management, international equity under management than any other financial center in the world.

So we hope today, many investors and issuers get a chance to talk about the opportunities in Sri Lanka.

"With the election of a new government we as investors are confident of a new investment environment and prospects for growth will pop up. The growth of CSE and Sri Lanka will only increase in the future,"Rathi said.

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