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iFAST's Lim shrugs off the competition as he gears up for adjacent growth

Jovi Ho
Jovi Ho4/30/2021 6:30 AM GMT+08  • 4 min read
iFAST's Lim shrugs off the competition as he gears up for adjacent growth
iFAST will not be swayed by the marketing ploys of companies like Tiger Brokers, which has offered free Tesla and Apple shares.
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On April 22, wealth management platform iFAST Corporation reported record numbers for its net profit, gross unit trust subscription, net inflows of client assets and assets under administration (AUA).

On April 26, the company also announced that it was paying DWS Investments Singapore (DWS) $3 million to take over the fund management business of its seven retail funds in Singapore.

The funds, with assets under management (AUM) of $600 million, will be co-branded under the iFAST-DWS banner.

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