Citi appointed as custodian and fund admin for Sun Life ESG fund
Sun Life’s fund is one of a growing number of ESG funds approved by the Hong Kong Securities and Futures Commission (SFC).
Sun Life’s fund is one of a growing number of ESG funds approved by the Hong Kong Securities and Futures Commission (SFC).
HSBC has recently been named the securities services provider for several new landmark ETF launches across APAC.
The new ETF is the first of its kind in Hong Kong, and invests in a selection of regional Asia-Pacific REITs.
The mandate comes as Luxembourg aims to become the gateway for Chinese asset managers to launch locally domiciled funds.
BOCOM Trustee has selected SS&C's flagship Geneva platform to support its fund administration technology.
The new ETF follows a ruling from Hong Kong’s SFC which relaxes rules for the master-feeder regime in the territory.
Citi states it has become the first sub-custodian in Hong Kong to leverage bot technology to provide real-time processing for matching and settlement of trades.
Fund distribution platform aims to serve distributors and asset managers based in Hong Kong, Taiwan, Korea and Japan from the new setup.
Custodian to provide fiduciary duties, fund administration as well as transfer agency services to Hong Kong OFC fund.
The decision to sell the business comes as RBC I&TS shifts its Asian strategy to focus on core markets and products.