Fitch Ratings has assigned Sri Lanka-based Senfin Asset Management (Private) Limited a first-time National Long-Term Rating of 'BBB-(lka)' with a Stable Outlook.
Senfin is a 100%-owned subsidiary of a mid-sized finance and leasing company, Senkadagala Finance PLC (SFCL, BBB(lka)/Stable). The company manages unit trusts and provides discretionary portfolio services for institutional and high-net-worth investors. It was the ninth-largest unit trust manager in Sri Lanka by assets under management (AUM) at end-June 2024, with 1.8% of the sector's total AUM.
Fitch-Assigns-Senfin-Asset-Management-First-Time-BBB-lka-Rating_-Outlook-Stable