Ceylon Asset Management
Ceylon Asset Management is a Colombo-based asset management firm, founded in 1999, that manages unit trust funds including the top-performing Ceylon Money Market Fund in Sri Lanka for individual and institutional investors.
- Company typePrivate
- Founded1999
- HeadquartersColombo, Sri Lanka
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Ceylon Asset Management does
Ceylon Asset Management is a Sri Lanka-based private asset management firm founded in 1999 and headquartered in Colombo. The company manages unit trust funds and provides investment and wealth management services, with its core product being the Ceylon Money Market Fund. The firm is led by founder and Managing Director Dulindra Fernando.
The Ceylon Money Market Fund, the company's flagship product, focuses on capital preservation and steady income generation. In 2025, the fund delivered an 8.92% return, ranking it as the top-performing money market fund in Sri Lanka, and it received an 'A' rating with stable outlook from the Lanka Rating Agency. The fund serves both individual and institutional investors seeking safe, liquid investment vehicles amid market volatility.
The firm operates with a small team of 11-50 employees and generates revenue through recurring management fees charged as a percentage of assets under management. No technology platform, mobile app, or API capabilities are disclosed. Pricing details, ownership structure, distribution channels, and AUM figures are not publicly available. The company's geographic footprint is limited to Sri Lanka within the South Asia region.
Ceylon Asset Management firmographics
Firmographics- Name
- Ceylon Asset Management
- Website
- https://ceylonam.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ceylon Asset Management is a Colombo-based asset management firm, founded in 1999, that manages unit trust funds including the top-performing Ceylon Money Market Fund in Sri Lanka for individual and institutional investors.
- Ownership category
- akta.pro rank
Ceylon Asset Management industry classification
Industry- Product category
- Asset Management
- NAICS
- Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Money Market Funds (FSAAAEAC)
Keywords
Where Ceylon Asset Management is headquartered
LocationHeadquarters
- HQ city
- Colombo
- HQ country
- Sri Lanka
- HQ region
- Asia
Markets served
Ceylon Asset Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Fund Management Fees: Asset management company generating revenue through management fees charged on funds under management. The Ceylon Money Market Fund generated returns of 8.92% for investors in 2025.
Ceylon Asset Management product offering
Product offeringCore offering
Ceylon Asset Management manages unit trust funds and offers investment and wealth management services to investors in Sri Lanka. Its flagship product, the Ceylon Money Market Fund, invests in money market instruments to provide investors with capital preservation and steady income generation, delivering an 8.92% return in 2025 and earning an 'A' rating with stable outlook from Lanka Rating Agency.
Product overview
Ceylon Asset Management operates as an asset management firm offering investment products. The company's primary product is the Ceylon Money Market Fund, which focuses on capital preservation and steady income generation for investors.
Differentiator
Problem solved
Functional benefit
Products and services
- Ceylon Money Market Fund A money market fund managed by Ceylon Asset Management that invests in money market instruments to provide investors in Sri Lanka with capital preservation and steady income generation. The fund delivered an 8.92% return in 2025, ranked as Sri Lanka's top performing money market fund, and carries an 'A' rating with stable outlook from Lanka Rating Agency.
Quantifiable outcome
- 8.92% return generated for investors in 2025, ranking as Sri Lanka's top performing money market fund
Companies that use Ceylon Asset Management
Customer profileSegments1 record
Ideal customer profiles1 record
Ceylon Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ceylon Asset Management partnerships and signals
Strategic signalScale indicators3 records
Recent moves3 records
Expansion highlights1 record
Ceylon Asset Management competitors and assessment
Company assessmentDirect peers
- Taprobane Wealth Management: Sri Lankan wealth management and portfolio advisory firm serving retail and institutional clients with managed investment solutions. Comparable to Ceylon as a domestic competitor in Sri Lankan investment management and wealth advisory.
- NDB Wealth Management: One of Sri Lanka's largest wealth and asset management firms, offering unit trusts, money market funds, and managed portfolios to retail and institutional clients. Highly comparable to Ceylon Asset Management as a domestic competitor targeting the same investor base with overlapping unit trust and money market fund products.
- Ceybank Asset Management: Sri Lankan asset management company focused on unit trust products for local investors. Directly comparable to Ceylon as a domestic fund manager competing in money market and fixed income fund categories.
- HNB Wealth Management: Wealth and asset management arm of Hatton National Bank in Sri Lanka, providing unit trust, portfolio management, and advisory services. Comparable to Ceylon as a local competitor in money market and wealth management offerings.
- Softlogic Asset Management: Part of the Softlogic group, Softlogic Asset Management offers unit trusts and wealth management services in Sri Lanka. Comparable to Ceylon as a local peer offering fund-based investment products to Sri Lankan retail and institutional clients.
- DFCC Bank (Asset Management): DFCC operates asset management and unit trust businesses serving Sri Lankan investors across income and capital preservation strategies. Comparable to Ceylon in customer base, product category (money market and fixed income unit trusts), and regulatory environment.
- John Keells Wealth Management: Wealth and asset management arm of John Keells Holdings, one of Sri Lanka's largest conglomerates, offering unit trusts and managed portfolios. Comparable to Ceylon as a domestic peer targeting institutional and high-net-worth Sri Lankan investors.
- First Capital Asset Management: Sri Lankan asset manager operating unit trusts and money market funds for local retail and institutional investors. Directly comparable to Ceylon as a local fund management peer competing for the same Sri Lankan money market fund allocations.
- Acuity Stockbrokers (Acuity Partners): Sri Lankan investment firm offering asset management and wealth advisory services alongside its stockbroking franchise. Comparable to Ceylon in offering managed portfolios and fund products to Sri Lankan investors.
- Assetline Capital: Sri Lankan investment management and corporate finance advisory firm associated with the LOLC group. Comparable to Ceylon as a local asset manager offering unit trust and investment management services in Sri Lanka.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Ceylon Asset Management social profiles
Digital presenceCeylon Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ceylon Asset Management leadership team
Management profileNumber of profiles
Profiles1 record
Ceylon Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ceylon Asset Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ceylon Asset Management
What does Ceylon Asset Management do?
Ceylon Asset Management manages unit trust funds and offers investment and wealth management services to investors in Sri Lanka. Its flagship product, the Ceylon Money Market Fund, invests in money market instruments to provide investors with capital preservation and steady income generation, delivering an 8.92% return in 2025 and earning an 'A' rating with stable outlook from Lanka Rating Agency.
When was Ceylon Asset Management founded?
Ceylon Asset Management was founded in 1999. It employs 11 to 50 people.
Where is Ceylon Asset Management based?
Ceylon Asset Management is headquartered in Colombo, Sri Lanka, in the Asia region.
How does Ceylon Asset Management make money?
One revenue line is on record: fund Management Fees.
Who are Ceylon Asset Management's main competitors?
Direct peers on record are Taprobane Wealth Management, NDB Wealth Management, Ceybank Asset Management, HNB Wealth Management, Softlogic Asset Management, DFCC Bank (Asset Management), John Keells Wealth Management, First Capital Asset Management, Acuity Stockbrokers (Acuity Partners) and Assetline Capital.
Does Ceylon Asset Management have an API?
No public API is recorded for Ceylon Asset Management.
What industry is Ceylon Asset Management in?
Ceylon Asset Management's product category is Asset Management. Its primary akta.pro industry code is FSAAAEAC, Money Market Funds. Its NAICS code is 525910 and its SIC code is 6282.