Your Preferred Partner in Financial Markets

CAL is a full-service frontier market Investment Bank with a deep knowledge of our clients’ needs as well as the markets we operate in.

CALTLast Traded Price

CALHLast Traded Price

Your Preferred Partner in Financial Markets

CAL is a full-service frontier market Investment Bank with a deep knowledge of our clients’ needs as well as the markets we operate in.

CALTLTP
CALHLTP

Who We Are

Capital Alliance Holdings Limited (CAL Group) is a full-service capital markets solutions provider dedicated to individuals, family businesses and institutional clients. We leverage technology to create efficient markets, focusing on understanding our clients and aligning strategies for long-term success.

Since our inception in 2000, we have leveraged our strong financial market expertise and a keen understanding of our clients, to deliver highly-customized, innovative solutions that have garnered us a reputation as the Preferred Partner in Financial Markets. Read More

Expertise

The dynamic knowledge environment that we foster has placed CAL at the top among the frontier market financial services companies. Our deep expertise across investment and capital markets is the cornerstone of our reputation for ‘excellence in execution, research, and product innovation’.

We specialize in originating, trading, and investing in debt and equity securities. The industry-leading expertise of our team of high-caliber finance professionals propels our dream to be ‘The No.01 Investment Bank in Frontier Markets’.

Stock
Brokering

Our team of experienced and skilled professionals proactively monitor capital markets and provide real time insights to our clients.
Learn more

Treasuries

CAL is a Primary Dealer appointed by the Monetary Board of the Central Bank for the purpose of dealing in government securities
Learn more

Investment
Management

We have several Unit Trusts as well as Private Wealth Management for Individual & Discretionary Wealth Management for Corporate investors
Learn more

Investment
Banking

We provide best-in-class advisory services for Mergers and Acquisitions & pride ourselves in having the ability and expertise to simplify
Learn more

Research &
Insight

CAL Research is an independent research unit that provides comprehensive research and analysis of Sri Lanka’s equities and economy.
Learn more

Expertise

The dynamic knowledge environment that we foster has placed CAL at the top among the frontier market financial services companies. Our deep expertise across investment and capital markets is the cornerstone of our reputation for ‘excellence in execution, research, and product innovation’.

We specialize in originating, trading, and investing in debt and equity securities. The industry-leading expertise of our team of high-caliber finance professionals propels our dream to be ‘The No.01 Investment Bank in Frontier Markets’.

Our team of experienced and skilled professionals proactively monitor capital markets and provide real time insights to our clients.
Learn more

CAL is a Primary Dealer appointed by the Monetary Board of the Central Bank for the purpose of dealing in government securities
Learn more

we have several Unit Trusts as well as Private Wealth Management for Individual & Discretionary Wealth Management for Corporate investors
Learn more

We provide best-in-class advisory services for Mergers and Acquisitions & pride ourselves in having the ability and expertise to simplify
Learn more

CAL Research is an independent research unit that provides comprehensive research and analysis of Sri Lanka’s equities and economy.
Learn more

0BN +

LKR

Assets Under Management

A trusted name in investment and growth

CAL is well on its way to realising its goal of having a footprint of USD 2BN in capital markets by 2025.

  • Portfolio
  • Unit Trust
  • Treasuries
  • Analytical

Smart Portfolios, Smarter Decisions

Track, manage, and grow your investments effortlessly with the CAL Mobile App Dashboard. Simple, intuitive, and perfect for all investors.

Smart Investments, Strong Returns

Invest with confidence in our diverse Unit Trust options, designed for both growth and security. Perfect for all investors, our expert-managed funds help you achieve your financial goals.

Safe Investments, Steady Returns

Enjoy guaranteed returns with our secure Treasury investments. Ideal for those seeking a stable income, our services offer the safety of government-backed instruments and peace of mind.

Real time market intelligence

Make informed decisions with our powerful analytics tools. Get real-time data, expert insights, and detailed reports to stay ahead in the financial market.

What differentiates CAL?

The CAL approach is one borne of adopting the industry’s best-practices across several distinct investment banking

what-differentiates

1. Building strategic coherence

The alignment of our products, services and competences into a unified strategy.

2. Achieving efficiency

We maintain high levels of cost-efficiency and optimal utilization of capital, liquidity, and leverage.

3. Developing trust

A client-centric approach and trust built on exemplary conduct across engagement and operations.

4. Establishing controls

An adherence to ethical standards and maintaining industry-leading compliance and risk capabilities.

5. Digitizing consistently

The continuous incorporation of industry-benchmark technologies to improve our processes and to serve customers better.
+ What is Capital Alliance (CAL)?
Capital Alliance (CAL) is Sri Lanka's leading full-service investment bank and capital markets solutions provider. Founded in 2000, CAL has over 25 years of experience helping individuals, family-run businesses, and institutional clients build wealth through smart investing. We operate as a comprehensive financial services group offering unit trust funds, stock brokering, treasury investments, asset management, private wealth management and investment banking services.
+ Is CAL a licensed and regulated company in Sri Lanka?
Yes, CAL is fully licensed and regulated by multiple authorities. Our subsidiary Capital Alliance PLC (CALT) holds a Primary Dealer license from the Central Bank of Sri Lanka (CBSL), making us one of only five non-bank Primary Dealers authorized to deal in government securities. CAL Investments operates as a licensed Asset Manager and Investment Manager, regulated by the Securities and Exchange Commission (SEC) for both Unit Trust Management and broader investment management, private wealth management services. We also hold licenses for stock brokering and corporate finance advisory services.
+ Why should I trust CAL with my money?
CAL operates on four core values, with Integrity at the forefront. Our guiding principle is simple: "We only sell to our clients what we would sell to our family." With Rs. 250+ billion in Assets Under Management (AUM), award-winning research (Best Research Team for 3 consecutive years at CFA Capital Market Awards), and Fitch investment-grade ratings for our funds, we've earned the reputation as the "Preferred Partner in Financial Markets" in Sri Lanka.
+ Is investing with CAL safe and secure?
Yes, CAL prioritizes the safety and security of your investments through multiple layers:

Regulatory Oversight: Licensed by Central Bank of Sri Lanka (CBSL) and Securities & Exchange Commission (SEC)
Independent Custodian: HNB Bank serves as trustee and custodian for Unit Trust Funds
Investment Committee: Experienced economists including Deshal De Mel and Shashika Ranasinghe oversee investment decisions
Independent Ratings: Fitch Ratings and ICRA provide external validation of fund quality
Proven Track Record: 25 years of successfully navigating Sri Lanka's financial markets

Note: Unlike bank deposits, Unit Trust Funds are not covered by deposit insurance schemes. Investment risk exists, though managed professionally.
+ Has CAL won any awards or recognition?
Yes, CAL has received numerous accolades including:

• Best Research Team for 3 consecutive years (CFA Capital Market Awards 2022)
• Best Investment Banking Company Sri Lanka (Global Banking & Finance Review 2015)
• First Sri Lankan Unit Trust Fund with investment-grade ratings from Fitch Ratings (Af(lka)) and ICRA ([SL]A+mfs)
• Ranked among the 100 most valuable brands in Sri Lanka (Brand Finance 2023)
+ How are my investments protected at CAL?
Multiple layers protect your investments:

Regulatory Compliance: Strict oversight by Central Bank of Sri Lanka (CBSL) and Securities & Exchange Commission (SEC)
Independent Custodian: Deutsche Bank acts as independent trustee and custodian for Unit Trust Funds
Segregated Accounts: Your assets are held separately from CAL's own funds
Investment Committee: Experienced economists and professionals oversee all investment decisions
Independent Audits: Annual external audits by reputable audit firms
Risk Management: Proprietary in-house risk management frameworks
+ Does CAL comply with anti-money laundering (AML) regulations?
Absolutely. CAL strictly adheres to AML guidelines stipulated by the Central Bank of Sri Lanka. This means:

• Funds only accepted from and remitted to bank accounts in your name
• Thorough KYC (Know Your Customer) verification before account opening
• Regular monitoring of transactions for suspicious activity
• Reporting obligations to Financial Intelligence Unit (FIU)
• Staff trained on AML compliance

We take these responsibilities seriously to protect both you and the financial system.

Latest News

CAL is a highly-active, dynamic organization with a range of industry updates and events to bring to you periodically.

Check our Blog