They will be made available to retail investors in the region BOCHK Asset Management and Blackrock are expected to roll out more ESG funds in Hong Kong. The BOCHK All Weather ESG Multi-Asset Fund and the Blackrock Circular Economy Fund have received approval from the Securities and Futures Commission (SFC) to be offered to retail investors in the region. For BOCHK AM, this will be the firm’s first ESG-labelled fund, the records show. Meanwhile, the Blackrock fund was incepted in October 2019 and had assets of $1.6bn as of the end of March, according to its factsheet. It invests in global equities that benefit from or contribute to the advancement of the “circular economy” – a concept that aims to minimise waste by considering the full life-cycle of materials and redesigning products and operations to encourage greater re-use and recycling.