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News

Sri Lanka’s unit trust pioneer National Asset Management celebrates 30 years

2021-03-08

Sri Lanka’s unit trust pioneer National Asset Management celebrates 30 years

Sri Lanka’s pioneering unit trust company National Asset Management Ltd. (NAMAL) marks its 30th year of operations this year. Set up in 1991 NAMAL is a subsidiary of Union Bank and in association with DFCC Bank and Ennid Capital Ltd. as major shareholders.

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NAMAL’s National Equity Fund surpasses ASPI by over 40%, records impressive 2020 performance

2021-01-08

NAMAL’s National Equity Fund surpasses ASPI by over 40%, records impressive 2020 performance

The National Equity Fund, a unit trust managed by National Asset Management Ltd., recorded a noteworthy performance during 2020 despite the macro economic challenges and outperformed the ASPI of the Colombo Stock Exchange by over 40%.

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