Citi deploys new Morningstar SDG play

Citi has licensed the new Morningstar Transatlantic Sustainable Development Goals Select 40 Index on an exclusive basis to use it as the underlying of new structured products. The new index has been developed using ESG data and risk ratings of Morningstar Sustainalytics, and is one of the first impact-oriented indexes designed for the structured products market, according to Morningstar. The index is mainly targeted for distribution across Europe indeed, according to Arthur Dorbessan (pictured