News

ESG: HSBC wins Hong Kong ETF mandate

ETF blocksHaitong Asset Management has appointed global custodian HSBC as its securities services provider for what it claims is Hong Kong’s first broad-based ETF focused on ESG. The fund, Haitong MSCI China A ESG ETF, will be listed on the Hong Kong Stock Exchange and will track the MSCI China A ESG Universal index. It will offer investors exposure to China A shares with what Haitong terms ‘a robust ESG profile’, including clean energy, electric vehicles and consumer-oriented goods and services. “We are pleased to support Haitong International in launching this pioneering ETF and at the same time provide investors with more channels to support sustainable finance,” said Patrick Wong, head of China business development and client management, securities service at HSBC. “This new ETF further strengthens our commitment to ESG and the development of the ETF market in the region.” © 2020 funds global Asia

Executive Interviews

Executive interview: Nicolas Moreau’s orderly transition

Jul 12, 2021

Nicolas Moreau, CEO of HSBC Asset Management, is moving to Asia as the firm looks to connect more directly with the region’s growth story. ESG is also a key focus – including the ‘just’ carbon...

Executive interview: The man who made Aberdeen

Mar 04, 2021

Martin Gilbert reflects on nearly four decades as Aberdeen CEO, including what he brought to the company, his regrets at not entering into private markets earlier, and passing like ships in the...

Roundtables

Roundtable: How well geared are Japanese assets for a new world?

Jul 12, 2021

As we prepare to emerge from Covid, experts look at overcoming demographic issues through a combination of good tech and corporate governance, improving productivity and meeting an ambitious government carbon emissions reduction target. Chaired by Romil Patel.

Hong Kong roundtable: Increasing China’s prominence as an asset class

Mar 04, 2021

Our line-up of experts in Hong Kong considers the importance of fixed income ETFs, sustainability and the prospects of increasing China in the indices. Chaired by Romil Patel.