Sun Life’s fund is one of a growing number of ESG funds approved by the Hong Kong Securities and Futures Commission (SFC).
Citi and HSBC were the two custodian banks that facilitated the completion of the securities lending transactions in the China A-shares market.
The new role comes as a growing number of banks step up their exploration of DLT solutions and servicing tokenised assets.
Citi will provide custody and fund administration to four new ETFs launched by Emles Advisors.
The new ETF is the first of its kind in Hong Kong, and invests in a selection of regional Asia-Pacific REITs.
Previous investors JP Morgan, Citi and Goldman Sachs also contributed to the round, taking the total raised by AccessFintech to $37 million since 2018.
Standard Life Aberdeen acted as the anchor client for the new client reporting solution, as Citi continues to bolster its middle-office offering.
Primary investors Citi, Deutsche Bank, and Deutsche Börse raised $15 million for CloudMargin in its largest funding round to date.
The enhancements to the platform will provide greater self-service capabilities for users to access their own data to improve investment and operational decisions.