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HSL puts out Conviction List


Ravi Abeysuriya

Heraymila Securities Limited (HSL) has put out a Conviction List of equities for their clients to promote prudent investment opportunities in the stock market.

With this list the company expects the growth momentum in the stock market to continue, Heraymila Securities Limited, Chief Executive Officer, Ravi Abeysuriya, told Daily News Business.

Heraymila Securities Limited (HSL) Friday announced that they have introduced, for the first time in Sri Lanka, a Conviction List of equities for their clients. The aim of the Conviction List is to identify those stocks HSL believes offer the best potential returns among a coverage universe of top 24 listed companies in Sri Lanka, he said.

“Now, people want the best return for their investments. With this in view they are very particular to whom they entrust their portfolio to. If constant returns are not shown our client base will quickly diminish. With the conviction list of equities our clients have a more hands-on control of their portfolios,” he said.

The Conviction List is a precursor to HSL’s quarterly update ‘three’.

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