News and Announcements
iFAST Corporation Annual Update 2015; Launches Distribution of Bonds & ETFs, Receives Approval For Asset Management in HK & Wins Multiple Awards
- Published December 16, 2015 10:20AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
In May, we officially launched the distribution of bonds and Exchange Traded Funds (ETFs) as part of our main investment product offerings to investors and wealth advisers in Singapore. In August, we received the approval to carry on Type 9 Regulated Activities (Asset Management) in Hong Kong, where we subsequently launched our Online Discretionary Portfolio Management Services on Fundsupermart.com, our B2C platform. In October, our China subsidiary was awarded a Funds Distributor Qualification from the China Securities Regulatory Commission, allowing us to run an investment funds platform in China. Other than that, we also received the “Most Transparent Company Award 2015, New Issues Category” at the SIAS Investors’ Choice Awards 2015 in Singapore. For more information, please refer to www.ifastcorp.com.
ABOUT iFAST
iFAST Corporation Ltd. (“iFAST Corp”) is an Internet-based investment products distribution platform. Listed on the SGX-ST Mainboard, iFAST Corp provides a comprehensive range of services, including investment administration and transactions services, research and trainings, IT services and backroom functions to banks, financial advisory firms, financial institutions, multinational companies, as well as investors in Asia.
The company is also present in Hong Kong, Malaysia and China. iFAST Corp has two main business divisions, the B2C business with its Fundsupermart.com transactional website and a B2B business catering to over 150 banks, FAs and financial institutions using its platform.