Home Capital Investing ideas

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.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

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.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.