The US investment bank has licensed an ESG megatrend theme as it grows its ESG-linked offering in the retail structured products market.

Citi has licensed the Qontigo iStoxx Global Cities of Tomorrow Select 30 Index which will be used as an underlying for structured products. The index allows a targeted investment with a defined payoff in the sustainable smart city megatrend. It is comprised of 30 liquid stocks with low volatility and high dividend yield. The components are selected from a pool of companies that are addressing the needs of the cities and citizens of the future. With more than two thirds of the world population p

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