HSBC in Malaysia launched its first environmental, social and governance (ESG) Islamic structured product in the country. The bank said the new offering reflects the group's aspiration in the sustainable investment field and is in keeping with Bank Negara Malaysia's value-based intermediation initiative. HSBC Bank Malaysia country head, retail banking and wealth management, Tara Latini, said ESG factors can be used to drive portfolio performance and investors must now think carefully about these factors when making investment decisions. "In fact, here in Malaysia as well as worldwi...
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