Citi, CSOP Asset Management to launch new L&I products

The bank will also provide custody, fund administration and trustee services.

Citi and Hong Kong-based CSOP Asset Management will float a new set of leveraged and inverse (L&I) products, according to an announcement.

Citi will also provide CSOP with custody, fund administration and trustee services.

The two L&I products will track China A-shares and allow investors to invest into the Mainland China CSI 300 Index. The first product allows for a leverage of two times, whilst the second allows for an inverse of one.