The Company was incorporated on 20th January 1992 as Commercial Fund Management (Private) Limited, with the initial promoters being Commercial Bank of Ceylon Limited and Singer (Sri Lanka) Limited. The company was one of the pioneer Unit Trust Fund Management companies established in Sri Lanka.
CT Capital (Private) Limited, a fully owned subsidiary of CT Smith Holdings Limited acquired controlling interest of Commercial Fund Management. Subsequent to which the company was renamed CT Fund Management (Private) Limited.
Re-branded and re-launched Corporate Identity as Comtrust Asset Management (Private) Limited.
CT Smith Holdings Limited was re-branded as CT CLSA Holdings Limited, subsequent to a 25% equity investment by CLSA.
With the objective to reposition the Comtrust Asset Management (Pvt) Ltd consistent with all business units under the single brand identity of CT CLSA, the company was rebranded as CT CLSA Asset Management (Pvt) Ltd.
CT CLSA Holdings Ltd acquired full ownership of Guardian Acuity Asset Management Ltd in January 2023. In March 2023 Guardian Acuity Asset Management Ltd was merged with CT CLSA Asset Management (Pvt) Ltd.