THE BUSINESS STORY
Retire rich the
Candor way
Candor, a fully-fledged financial services provider specializing in equities
and asset management, is geared to help astute young investors build
their nest-eggs before they retire and stop earning.
of the whole portfolio. Diversification helps
clients to build their wealth over time. Our
investors avoid disastrous investment
risk management systems and protocols
outcomes, i.e. investors can reduce the
are strictly enforced and all investments are
risk associated with their wealth without
made in accordance to stipulated guidelines.
necessarily decreasing their expected
Candor is hundred percent foreign owned.
returns. Portfolio investments should be
ultimate parent National Industries Group
as government treasury bills & bonds, listed
in Kuwait, listed in the Kuwait Stock
corporate debt instruments, cash and cash
Exchange are highly regulated entities in
equivalents. You also need to have some
their respective markets. Their long term
liquidity in your portfolio; usually you should
have about 3-6 months of your monthly
andor’s Director/Group CEO
traditional fixed deposit. How are you
income products. We also offer Private
instruments. Additionally, high net-worth
Ravi Abeysuriya and Group
responding to this challenge?
Portfolio/Wealth Management services to
Investors can also look at assets, such as
Deputy CEO Ryan Perera
Ryan: Capital market products are more
select high net-worth clients requiring highly
real estate and private equity.
discuss that it’s never too
suitable for medium to long term investing,
customized investment solutions in line with
particularly as a hedge against inflation or
their investment objectives.
early to prepare for wealth
Investments Limited in Dubai and our
listed stocks, fixed income securities such
expenses in the money market or in savings
C
Our immediate parent Eagle Proprietary
comprised of several asset classes, i.e.
view of the Sri Lankan markets coupled with
Ravi Abeysuriya,
Director/Group CEO
principles serves as vital benefits to both
local and international investors who invest
true value. Our experienced research team
via our Sri Lankan based Funds.
has already established a track record of
producing high quality research material.
How does investing through Candor
They maintain good relationships and have
ensure that the investor’s wellbeing
regular dialogue with the top management
management, not just for retirement, also for
erosion of purchasing power. By investing
every stage of life’s journey.
in capital market products, investors
Through Candor Equities and our Research
is looked after and based on careful
of all companies they cover. Recently one
enjoy higher yields in comparison with
Division, we provide our clients a range of
scrutiny of the options?
of our analysts became the number one
In a market that’s nascent yet
the conventional fixed deposits. This yield
quality resources, enabling our clients to
Ravi: Our Fund Managers spend time with
analyst on Bloomberg rankings on certain
competitive, what’s your strategy for
benefit significantly increases with time.
make sound investment decisions in listed
clients to understand their investment needs
listed stocks.
equities. We pioneered the concept of
and construct a portfolio with a target asset
success?
strict adherence to international investment
Why is it important to seek advice from a
professional investment firm?
Ravi: Investors will be reassured only if
investment professionals employed by the
firm act with the investors’ best interests
in mind. It is therefore, imperative for any
client investing their hard earned savings
in the capital market to seek advice from
Ryan: Our team is the most valuable
Candor Asset Management offers a range
providing timely research information via
allocation based on economic & capital
Investors are worried about the security
of unit trust Funds, covering both equity and
Twitter, which to date remains exclusive
market expectations, security analysis and
a reputed firm. For this reason we employ
asset for us at Candor. We are extremely
of their investment. What ensures
debt for those seeking exposure to capital
only to those who trade with Candor
client’s objectives & constraints, as set
experienced and qualified professionals that
selective when it comes to recruitment, and
Candor’s stability?
market investments in the conventional and
Equities.
out in each customized investment policy
act with integrity, competence, and with right
we ensure we find the right fit in line with
values. Our Research Analysts use a high
the company’s long term plans rather than
shariah space. For those who don’t have
What are the portfolio investment options
statement. Asset allocation is an art as
Ryan: Most investor’s worries are
degree of care and exercise independent
hiring to complete headcount. Our recruits
time and expertise to manage their finances,
available to an individual investor looking
well as a science. The main objective is to
primarily due to misconceptions regarding
professional judgement when conducting
we offer a range of Unit Trust Funds to build
to plan ahead for the future?
achieve a broadly diversified portfolio that
fund management companies. A fund
are nurtured and equipped with the right
investment analysis, making investment
skills required to serve our valuable clients.
a diversified portfolio in equity and fixed
Ravi: Any astute investor should start
is best suited to protect each client’s wealth
management company is neither a Finance
Company nor a Bank where we accept
recommendations and engaging in their
deposits. Every investment that comes into
research activities. We also follow a rigorous
against market unpredictability.
Also, staying focused and sticking to a
investing at a young age, while earning. “It
well-defined plan is vital. When competition
gives you time to build a nest egg and time
our Unit Trust Funds or Private Portfolios is
code of ethics and standards of professional
is fierce the tendency to sway is natural
to recover during market downturns. Most
Similarly in our equities business, our
invested directly via our Trustee (Deutsche
conduct.
but unwise, as it could lead to losing time,
financial problems start when you retire;
Investment Advisors strive to provide
Bank) into well diversified asset classes.
resources and even business. As the
everyone stops working at some point and
clients with quality advice backed by
This is done in accordance to the Fund
name Candor depicts, we have a culture,
live on income from investments. So, it’s
Research recommendations based on a
guidelines in either fixed income, equity or
which makes us different in the way we
important to plan and build your nest egg
mix of fundamental, technical and a bit of
in a mix of both depending on the choice of
do business, manage our people and
whilst working and gradually move into
market pulse. Our investment philosophy
Fund. All Fund Management Companies
serve our clients. For us Quality, Trust and
more fixed income investments when closer
is centred on building client’s wealth over
such as ours are licensed and well regulated
Relationships matter. These traits have been
to retirement. Basically, once used to a
time. Whilst capitalizing on short term
by the SEC to ensure client interests are
firmly engrained in all our interactions with
standard of living when working, it should
trading opportunities when available, our
clients.
protected. Hence investors should look at
only get better when you retire.” When
experienced investment advisors’ focus
the reputation, experience and performance
investing, one should always take a portfolio
is on long term client relationship building
track record of the Fund Managers when
approach, i.e. evaluating individual asset
and quality of service. They always caution
investing. At Candor, values and integrity
classes and securities in relation to their
clients against investing in speculative
takes precedence over experience and
contribution to the investment characteristics
shares where the price does not reflect
qualification. Our investment styles help our
With interest rates low for the foreseeable
future, investors are looking to beat
inflation, seeking alternatives to the
86
August 2015
Ryan Perera Group
Deputy CEO
Who are your clientele?
Ryan: We cater to both foreign and local
clients; primarily focused on Foreign
Corporate, Family Offices and High Networth clients, Local Corporate, High Networth and Mass Affluent Clients. We are now
aggressively moving into select local retail
segments as well.
Manager
Candor is a full service Financial Services firm based in Colombo Sri
Lanka. Candor came into commercial existence with the acquisition
and the subsequent amalgamation of Heraymila Group of companies
August 2015
in Sri Lanka.
87
Candor Group of companies has interests in Stock Broking, Asset
Management and Corporate Finance Services. Candor has its roots in
We are looki
have the clie
the compete
and mentor
portfolios an
Requirem
• Strong wo
• Ability to
• A demons