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iFAST Corp's AUA grows 44.5% y-o-y to record $14.45 bil

Felicia Tan
Felicia Tan • 2 min read
iFAST Corp's AUA grows 44.5% y-o-y to record $14.45 bil
AUA for its unit trusts grew 31.8% y-o-y and accounts for 75.4% of the group’s overall AUA as at Dec 31, 2020.
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Fintech wealth management platform iFAST Corporation announced on Jan 6 that its assets under administration (AUA) has reached another record high level of $14.45 billion as at Dec 31, 2020.

The figure represents a 44.5% growth from $10 billion as at Dec 31, 2019, and a 14.8% increase q-o-q from $12.59 billion as at Sept 30, 2020.

The group’s AUA was up across all its core markets, with its headquarters in Singapore taking the lead.

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