NDB Wealth tops Rs. 100 b in Assets Under Management | Sunday Observer

NDB Wealth tops Rs. 100 b in Assets Under Management

8 December, 2019
Prabodha Samarasekera
Prabodha Samarasekera

NDB Wealth Management has introduced a range of new and innovative savings and investment products have been designed to satisfy every type of client; big or small, individual, institutional or Trust.

For instance financial planning could be for families looking to save for their children’s future educational needs or an individual planning for his or her retirement. This planning expertise is extended for institutions managing their own portfolio of stocks, bonds or for cash flow management.

The company has over Rs. 100 bn in Assets Under Management (AUM), over Rs. 74 bn in the private portfolio and over Rs. 31 bn in Unit Trusts or Mutual Funds.

NDB Wealth Management which began operations 26 years ago, now services over 12,000 clients.

CEO of NDB Wealth Management, Prabodha Samarasekera said, “We believe in, infusing professional money management skills when managing client funds thus offering financial freedom to our clients.

“Our in-depth knowledge of local and foreign capital markets and detailed analysis of the macro economic variables and detailed analysis of various industry sectors and companies, helps us minimise risks for our client investments while maximising their returns,” he said. NDB Wealth currently holds the largest and pioneering money market fund in Sri Lanka as at November 21.

* Current yield is variable and subject to change. Past performance is not indicative of future performance.