Citi Investor Services to support Fullgoal Asset Management with ETF administration
01 April 2026 Hong Kong
Image: BINGJHEN/stock.adobe.com
Citi Investor Services has been appointed as trustee, custodian, and ETF administrator for Fullgoal Asset Management — Hong Kong’s first domiciled ETF.
The Fullgoal Hang Seng HK High Dividend ETF has been listed on the Hong Kong Stock Exchange, marking Fullgoal’s entry into the Hong Kong ETF market and underscoring Citi’s strong ETF servicing capabilities, says the firm.
According to Fullgoal, Hong Kong’s ETF market continues to gain momentum, driven by strong investor demand from both Hong Kong and mainland China through the ETF Connect programme.
Citi supports this growth by facilitating ETF Connect flows and moving capital between China and international markets through its global network.
David Brown, head of Investor Services Client for Japan, Asia North, and Australia, says: “Fullgoal’s decision to partner with Citi for its first Hong Kong-listed ETF reflects their trust in Citi’s ETF platform and our continued investment in this business.
“Hong Kong’s ETF market is growing quickly, and we are focused on helping asset managers like Fullgoal launch, scale and operate efficiently as they capitalise on industry opportunities.”
Li Xiaowei, deputy general manager and chief investment officer of Fullgoal, adds: “Today’s ETF listing marks Fullgoal’s first step into Hong Kong’s ETF market and an important expansion of our product offering.
“We selected Citi as our partner for this milestone because of their end-to-end ETF services across primary dealing, market making, trustee, custodian, and ETF administration which will be instrumental in ensuring the smooth and efficient operation of this new offering.”
The Fullgoal Hang Seng HK High Dividend ETF has been listed on the Hong Kong Stock Exchange, marking Fullgoal’s entry into the Hong Kong ETF market and underscoring Citi’s strong ETF servicing capabilities, says the firm.
According to Fullgoal, Hong Kong’s ETF market continues to gain momentum, driven by strong investor demand from both Hong Kong and mainland China through the ETF Connect programme.
Citi supports this growth by facilitating ETF Connect flows and moving capital between China and international markets through its global network.
David Brown, head of Investor Services Client for Japan, Asia North, and Australia, says: “Fullgoal’s decision to partner with Citi for its first Hong Kong-listed ETF reflects their trust in Citi’s ETF platform and our continued investment in this business.
“Hong Kong’s ETF market is growing quickly, and we are focused on helping asset managers like Fullgoal launch, scale and operate efficiently as they capitalise on industry opportunities.”
Li Xiaowei, deputy general manager and chief investment officer of Fullgoal, adds: “Today’s ETF listing marks Fullgoal’s first step into Hong Kong’s ETF market and an important expansion of our product offering.
“We selected Citi as our partner for this milestone because of their end-to-end ETF services across primary dealing, market making, trustee, custodian, and ETF administration which will be instrumental in ensuring the smooth and efficient operation of this new offering.”
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