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iFAST increases AUA to record $8.3 bil for 8th straight quarter; DBS maintains 'buy'

PC Lee
PC Lee7/30/2018 04:11 PM GMT+08  • 2 min read
iFAST increases AUA to record $8.3 bil for 8th straight quarter; DBS maintains 'buy'
SINGAPORE (July 31): iFAST has made significant progress in the last two to three years, increasing Assets under Administration (AUA) to a record $8.33 billion as at June 30 for the eighth consecutive quarter.
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SINGAPORE (July 31): iFAST has made significant progress in the last two to three years, increasing Assets under Administration (AUA) to a record $8.33 billion as at June 30 for the eighth consecutive quarter.

The online investment portal has broadened the range of investment products and services and laid the infrastructure to kick-start its business in China, a market it believes will be key in the future.

The group is now a more integrated wealth management platform, with five key product groups – unit trusts, ETFs, bonds, stocks and insurance.

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