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iFAST shows growth potential beyond Singapore although ramp-up comes with challenges

PC Lee
PC Lee10/13/2017 10:48 AM GMT+08  • 2 min read
iFAST shows growth potential beyond Singapore although ramp-up comes with challenges
SINGAPORE (Oct 13): Maybank Kim Eng likes iFAST Corp, the one-stop funds and investment products distribution platform for investors, which has achieved revenue CAGR of 9% from FY12 to FY16.
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SINGAPORE (Oct 13): Maybank Kim Eng likes iFAST Corp, the one-stop funds and investment products distribution platform for investors, which has achieved revenue CAGR of 9% from FY12 to FY16.

According to unrated report on Friday, analyst Ng Li Hiang says iFAST’s business model is unique as it caters to both the business and consumer segments, unlike most others who tend to focus on one or the other.

In addition, iFAST’s business is significantly geared to recurring revenue growth from AUA rather than a transaction/sales-commission-driven structure one commonly associate with product distribution businesses.

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