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iFAST GROUP STRUCTURE

iFAST Corporation is a Singapore-based company with subsidiaries in Malaysia, Hong Kong and India.

The company was incorporated in Singapore on 11 September 2000 as 'Fundsupermart Holdings Pte Ltd'. In 2003, the Group was renamed "iFAST Corporation Pte Ltd" ("iFAST Corp") to reflect its expanded business scope and was reorganised as a holding company for its various subsidiaries.

iFAST Corp has two corporate shareholders. They are SPH AsiaOne Pte Ltd, the Internet arm of Singapore Press Holdings, Singapore's largest media group, and DMG & Partners Securities Pte Ltd (51% owned by OSK Investment Bank Bhd of Malaysia and 49% owned by Deutsche Bank).

iFAST Corp, via its subsidiaries iFAST Financial Pte Ltd ("iFAST"), is Singapore's leading investment administration platform for independent financial advisers and the largest local online unit trust distributor. The Group enjoys a significant presence among the local independently-owned financial advisers.

In recent years, iFAST Corp has been expanding beyond local shores. It is now the holding company for various iFAST subsidiaries overseas. In 2007, iFAST Corp launched its first overseas business, Fundsupermart.com in Hong Kong. In the same year, iFAST Corp entered a joint venture agreement with OSK Investment Bank Bhd to prepare for its entry into the Malaysian market. In 2008, iFAST Corp entered a joint venture agreement (iFAST Corp owns 51 per cent of the joint venture) with Deutsche Bank's asset management division to expand its businesses to India.

At the prestigious 2008 Enterprise 50 (E50) Awards, iFAST Corp was awarded 2nd position. In 2009, iFAST Corp achieved new milestones, including the successful acquisition of ING Platform Services Ltd on 10 March, and the launch of the platform business and online unit trust platform in India.

iFAST Mission Statement
"To Help Investors Around The World Invest Globally and Profitably"

CEO's Statement:
"We will consistently adopt win-win solutions for all our stakeholders - whether clients, employees, or shareholders - and emphasise a long-term view in decision-making"
- Lim Chung Chun, Chairman and CEO, iFAST Corporation Pte Ltd

 
 

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