COLOMBO / SYDNEY – 23 October 2025
ACP Asset Management today announces the launch of its enhanced multi-product frontier strategy anchored on Sri Lanka’s macro rebound, coinciding with growing momentum across its affiliated holdings. The suite combines a UCITS-compliant fund, a dedicated asset management certificate and a managed account vehicle — aimed exclusively at professional investors and family offices seeking regulated access into high-conviction frontier exposure.
Macro backdrop: Sri Lanka on the move
Sri Lanka’s economy continues to display meaningful recovery metrics. Real gross domestic product (GDP) expanded by ≈ 5 % in 2024, rebounding from prior contraction. The central bank now estimates growth of 4.5 % in 2025, signaling renewed investor confidence.
At the same time, inflation has entered mid-single digits, reserve cover is stabilizing and policy discipline is supported by an IMF-backed US$2.9 billion program.
These fundamentals form the platform for a reform-premium re-rating in the local market.
ACP’s product architecture: Beyond one vehicle
With the market outlook improving, ACP Asset Management is rolling out a three-tiered solution:
- A UCITS-eligible fund focusing on Sri Lankan assets and selective frontier equity/debt exposures.
- An Asset Management Certificate (AMC) tailored for institutional mandates under the group’s Australian FSL license.
- A Managed Account vehicle designed for family offices wishing to deploy via a bespoke structure.
This multi-product framework aligns with ACP’s Swiss-Australian heritage: Australian regulatory execution, Swiss governance standards and local access via Colombo.
Affiliated group strength: Strategic stakes and tech-innovation
Complementing the fund strategy, Ambeon Holdings PLC — a group under ACP’s broader ecosystem — recently increased market stakes: including a 6.84 % holding in Ceylon Hotels Corporation (≈ LKR 320 million) and a 6.09 % stake in The Kandy Hotels Co (≈ LKR 550 million). These moves underscore selective value deployment in reform-aligned assets.
Meanwhile, MillenniumIT ESP has emerged as a regional tech catalyst, partnering with international CIO networks and hosting the Global CIO Circle Innovation Summit in Colombo from 2–4 September. The event brought over 75 global technology leaders and 25 startup founders, emphasising Sri Lanka’s ascendancy as a frontier innovation hub.
Investor outlook & positioning
For professional investors, the case is clear: valuations remain suppressed relative to reform progress, creating asymmetric upside potential. With frontier risk premia still elevated and execution frameworks improving, ACP Asset Management believes a window exists to capture structural re-rating.
“Our multi-asset strategy is built for this inflection,” commented Sharad Sri, CEO of ACP. “We are bridging disciplined governance with frontier upside — delivering regulated access where value is often overlooked.”
In addition, Asanth Sebastian, CIO, added: “Sri Lanka’s recalibration is real. Our vehicles are designed to capture this structural shift, not just ride sentiment.”
What professional clients should note
- The strategy is exclusively for professional investors and institutional mandates — not retail.
- The UCITS vehicle ensures daily NAV transparency and European governance standards.
- Liquidity buffers and risk controls are embedded given the frontier equity and debt exposure.
- Execution is underpinned by the group’s regulatory licence, regional presence and institutional partnerships.
About ACP Asset Management
ACP Asset Management is a single country focused asset manager specialising in regulated investment access across developed and frontier markets. Operating through offices in Brisbane, Zurich and Colombo, the group offers institutional grade fund, certificate and managed account solutions anchored in global governance, local insight and cross-border capability.
For more information or to request the latest fund factsheet, please contact info@acp-am.com.