Portfolio Management Company


The company

Established in 2008, Asset Trust Management (Pvt) Ltd (ATML) is one of the leading portfolio management companies in Sri Lanka, licensed by the Securities and Exchange Commission of Sri Lanka. ATML specializes in asset management, specifically Unit Trusts and Private Wealth, managing both fixed income as well as equity investments.

ATML has earned and retained trust through the years, with an extensive clientele that includes local and foreign individuals as well as corporate entities. Equipped with decades of industry experience and insights, our team of well-qualified and certified financial advisors are dedicated to helping our clients explore interesting investment opportunities, and thereby achieve their financial goals.

logo-image  logo-image

Shareholding Structure

ATML is backed by the strength and the stability of five renowned companies in Sri Lanka, namely SAFE Holdings (Pvt) Ltd, Wealth Lanka Management (Pvt) Ltd, Ceylinco General Insurance Ltd, Richard Peiris & Company PLC, and Lalan Rubber Holdings (Pvt) Ltd. These corporations lend us their credibility to instill total reassurance and inspiring success in our clients.


Investment Philosophy

ATML operates according to a firm investment philosophy that is centered around our clients, geared to proffering only the most attractive and interesting investment opportunities across the fixed income and equity asset management classes. Our professional wealth advisors, under the guidance of the management team, strictly adhere to international best practices for finances, and function within the investment framework defined by the investment committee, which comprises some of the most eminent professionals in the industry.

Board of Directors

A. Sabry Ibrahim
A. Sabry Ibrahim Fellow Member of the Chartered Institute of Bankers - UK(FCIB), B.Sc. (Hons) - Physics (Second Class Div. Upper), University of Colombo

Rating Committee Member, Lanka Rating Agency,Non-Executive Director, Union Bank of Colombo PLC, Non-Executive Director, Fintrex Finance Limited

Former CEO / General Manager of Peoples Leasing and Finance PLC, Senior Deputy General Manager of Peoples Bank, Deputy General Manager of Hatton National Bank Ltd, Head of Credit and GSAM of Standard Chartered Bank, Head of Corporate Training of Saudi British Bank - Riyadh, Director/Country Credit Officer of American Express Bank, Director of People’s Merchant Finance PLC, Director of People’s Insurance PLC, Director of Lankan Alliance Finance Ltd (Bangladesh), Director of People’s Leasing Property Development Ltd, Director of People’s Micro Commerce Ltd, Director of People’s Leasing Fleet Management Ltd, Director of People’s Leasing Havelock Properties Ltd

N. Vasantha Kumar
N. Vasantha Kumar MBA, Dip. in Professional Treasury Management

Director of Ceylinco Insurance PLC; Director of DFCC Bank PLC; Director of Senkadagala Finance PLC; Director of Credit Information Bureau; Director of National Payment Council; Director of Lanka Financial Services Bureau Ltd.; Director of Lanka Alliance Finance Ltd. - Bangladesh;

Former Chief Executive Officer/General Manager of People’s Bank; Director of People’s Merchant Finance PLC, People’s Insurance Ltd and other associate and subsidiary companies of People’s Bank; Former member of the Governing Board of the Institute of Bankers of Sri Lanka; Past President of the Association of Primary Dealers and Sri Lanka Forex Association; Former Treasurer at ANZ Grindlays Bank, Colombo.

Mangala Boyagoda
Mangala Boyagoda MBA (Irish International University, European Union)

Director of Wealth Lanka Management (Pvt) Ltd; Director of Ceylon Hotels Corporation PLC; Director of United Hotels (Pvt) Ltd.; Director of Sierra Construction Ltd; Director of Sri Lanka Gateway Industries (Pvt) Ltd.; Director of Faber Capital Lanka (Pvt) Ltd.; Director of Chemanex PLC; Director of Asset Holding (Pvt) Ltd; Director of Taprobane Capital Plus (Pvt.) Ltd; Director of Ambeon Holding PLC; Director of Royal Fernwood Ltd.;

Former Chief Executive Officer of Standard Chartered Bank; Former Managing Director/Chief Executive Officer of National Wealth Corporation Ltd; Former Senior Vice President of DFCC Bank; Former Head of Treasury of Union Bank of Colombo Ltd; Former General Manager - Fixed Income Securities of Waldock Mackenzie Ltd; Former Head of Treasury of Bank of Ceylon; Former Local Consultant to the World Bank, USAID & ADB; Former Consultant to the Securities & Exchange Commission of Sri Lanka & Bangladesh, Former Senior Consultant to the Central Bank of Sri Lanka and a Member of the Financial Reform Committee.

Denagama Witharana Patabendige Upali
Non-Executive Director
Denagama Witharana Patabendige Upali Fellow Member of the Institute of Chartered Accountants of Sri Lanka, Fellow Member of the Institute of Certified Management Accountants of Sri Lanka, MBA from University of Colombo

Non-Executive Director, Ceylinco Insurance PLC. Director/CFO of Ceylinco Insurance PLC (General), Finance Director/Director in other Associate and Subsidiary Companies of Ceylinco Insurance. He also serves as the Deputy Managing Director of Ceylinco General Insurance Limited.

Former Chairman, Finance Technical Sub-Committee of the Insurance Association of Sri Lanka.

Dilshan Hettiaratchi
Non-Executive Director
Dilshan Hettiaratchi CFA, ACMA (UK), MBA from University of Colombo

Managing Director, Faber Capital Ltd, Dubai, UAE and Faber Capital Lanka (Pvt) Ltd. Non-Executive Director, Amana Bank PLC.

Former Managing Director and the Head of Debt Capital Markets – MENA and Pakistan for Standard Chartered Bank, based in Dubai.

Our Team

Acting Chief Executive Officer
Indulekha Karunaratne

Ms. Indulekha Karunaratne has over 25 years' experience in the financial services sector with specific responsibilities in asset and liability management, risk management, compliance, formulation of funding strategies etc. She has held senior management positions at a number of companies in the finance sector including Mercantile Leasing Limited where she was the AGM - Treasury and Finance. She is a Fellow of the Chartered Institute of Management Accountants.

Head of Fixed Income, Fund Manager of Private Portfolios
Neil Ranawaka

Mr. Neil Ranawaka has over 25 years of industry experience with extensive exposure to treasury management and accounting, as well as financial analysis. He has worked at several institutions in Sri Lanka and Australia, in both the Treasury Management and Accounting fields, having served as Deputy General Manager – Treasury at Aitken Spence PLC. His work experience includes stints at Mobil Oil (Australia) Pty Ltd and People’s Bank. He holds a Bachelor’s Degree in Commerce from the University of Sri Jayewardenepura, Sri Lanka.

Head of Equities, Fund Manager of the ASTRUE Alpha Fund
Srimal Liyanage

Mr. Srimal Liyanage has 16 years of industry experience in developing and leading successful research and asset management teams both locally and internationally. His expertise lies in financial research and investment fields, including financial modeling, fund managing, as well as appraising performance of fund managers. He has extensive experience in international markets, such as managing assets of over USD 1 billion at Bank Aljazira in Saudi Arabia, and working for the Investor for Securities there. While in Sri Lanka, he has headed the research units at three leading stock broking firms, before going on to become a Senior Associate Vice President at Moody’s Analytics Knowledge Services in Colombo. At Moody’s, he has supported a UK-based Fund Manager who focuses on developed market equities with a total AUM of over USD 650 billion. He has also supervised the buy side research of a leading South African bank in a similar capacity. Srimal holds an MBA from the Post Graduate Institute of Management (PIM) and is also an Associate member of the Chartered Institute of Management Accountants (CIMA) United Kingdom.

Portfolio Manager – Fixed Income, Fund Manager of the ASTRUE Active Income Fund
Sidath Thilakarathna

Mr. Sidath Thilakarathna has half a decade’s worth of experience in fixed income portfolio management. He holds a Bachelor’s Degree in Financial Engineering from the University of Colombo. He holds a certificate in Treasury and Foreign Exchange Operations issued by the Centre for Banking Studies (CBSL). He also has an International Monetary Fund (IMF) Certificate in Monetary Policy Analysis and Forecasting, as well as a Certificate in Financial Market Analysis. He is one of the pioneers in Sri Lanka for the implementation of machine learning for Treasury Bond trading.

Fund Manager – Fixed Income Portfolios
Nidesh Perera

Mr. Nidesh Perera has over 15 years of experience in Finance and Treasury management, processing extensive exposure to fixed-income securities. He is a graduate of the Universidad Católica San Antonio de Murcia (UCMA) and holds a B. Sc. Applied Accounting & Finance degree. Furthermore, he completed his Executive M. Sc. in Finance at the Asia E University and is also an Associate member of the Institute of Chartered Institute for Securities & Investment (ACISI). He also has an International Monetary Fund (IMF) Certificate in Financial Market Analysis and Certificate in Financial Market from Yale University.