Citi wins HK ETF mandate

Citi has been appointed as trustee, custodian and ETF administrator for Fullgoal Asset Management (HK) Limited’s first Hong Kong-domiciled ETF. The Fullgoal Hang Seng HK High Dividend ETF is listed on the Hong Kong Stock Exchange. Fullgoal Asset Management (HK) Limited is the Hong Kong unit of Shanghai-headquartered Fullgoal Fund Management. The group, including its units, manages >USD286bn AuM.

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