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FINANCIAL SERVICES | Staff Reporter, Hong Kong
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Sun Life names Citi as trustee for ESG fund index

This is the first of such fund to be registered in Hong Kong.

Sun Life Asset Management Hong Kong has named Citi as trustee, custodian, fund administrator, and transfer agent for the Sun Life AM Hong Kong ESG Index Fund, a statement read.

The ESG index, which is Sun Life’s first fund to be registered in Hong Kong, will track the Hang Seng ESG 50 Index, the top Hong Kong-listed companies that perform well on ESG factors based on the Hong Kong Quality Assurance Agency’s framework.

This is one of a growing number of ESG funds approved by the Hong Kong Securities and Futures Commission as it strives to build a hub for green and sustainable finance in the region.

 

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