The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Legal & General
Legal & General has launched three new index funds to bolster its proposition for UK and European investors.

1.The L&G MSCI ACWI IMI Equity Index Fund aims to track the MSCI ACWI IMI Equity Index. It provides broad exposure to large, mid, and small-cap global equities, covering about 99 per cent of the global investable equity opportunity set. This index gives greater flexibility through access to emerging markets and small cap issuers, helping to diversify investor portfolios and reduce concentration risk. The L&G MSCI ACWI IMI Equity Index Fund and the ­L&G Global Bond Multiverse Index Fund will add to L&G’s wider ICAV range, and will therefore be available to both wholesale and institutional investors across the UK and Europe.

2. The L&G Global Bond Multiverse Index Fund provides diversified exposure to global fixed income markets, extending beyond the well-known Global Aggregate index. It aims to track the Bloomberg Multiverse 500MM B3+ Custom Index, which combines the global aggregate universe with global high-yield assets and emerging market local currency debt. Along with additional quality and liquidity enhancements, the fund aims to offer a comprehensive solution for fixed income investors.

“These new equity and bond index funds offer investors tailored exposure to equities and a broad range of fixed income asset classes in an accessible wrapper,” Howie Li, global head of Index and ETFs, Asset Management, L&G, said.

3. The Legal & General Future World Infrastructure Index Fund will invest in a wide range of listed infrastructure companies, tracking the performance of the Solactive L&G Climate Enhanced Infrastructure Index based on its proprietary environmental score, favouring those that perform well from an environmental perspective on a net total return basis.

The fund aims to achieve a 50 per cent initial reduction in carbon intensity and tilts towards those companies exhibiting the strongest environmental credentials, seeking to provide climate-aware exposure to global listed infrastructure, with the potential to bring diversification and growth to investor portfolios.

Additionally, the fund, mainly targeted at UK wealth managers and financial advisors, has been created to provide investors with access to a physical network of interrelated systems and facilities, while offering the benefits of diversification and potential uncorrelated returns.

“With concentration risk challenges for equity portfolios and pressures on inflation and bond yields, we have seen demand increase for more tailored exposures to both equity and credit markets,” Ben Cherrington, head of UK Wholesale, Asset Management, L&G, said. “We have also witnessed an increasing investor interest in listed infrastructure, given the desire for better diversification and liquidity. We believe these three funds can offer clients custom index portfolios that satisfy these demands.”

These new funds follow the recent launch of the L&G S&P 500 US Equal Weight Index Fund, which the firm says has seen considerable client interest with over ÂŁ500 million ($626.8 million) in flows since October 2024.

The index fund management team manages over 100 index funds with ÂŁ507 billion in assets under management.

Quantum Advisors
Quantum Advisors, a pioneer in value and high governance investing in India, has extended its portfolio offering to a broader investor base through the launch of Q Predictable India Equity UCITS Fund.

The fund is designed to provide individual and institutional investors with access to listed equities of Indian companies that are positioned to benefit from the anticipated growth and development of the Indian economy. Applying Quantum Advisors’ proprietary Integrity Screen, introduced in 1996, to weed out poorly governed companies, and valuation metrics, the fund aims to generate long-term capital appreciation by investing in liquid stocks.

Building on Quantum Advisors’ 25-year track record with the Q India Value Equity Strategy and its heritage as one of the longest-serving equity portfolio management teams in India, the fund applies proprietary, valuation-driven metrics and seeks to identify mispriced stocks available at a discount to their forward intrinsic value.

The fund will typically include 25 to 40 stocks across sectors with low portfolio turnover. All stocks in the portfolio must trade at least $1 million per day, ensuring a liquid and a scalable portfolio.

“Our disciplined approach, combined with a strong focus on integrity and valuation, has continued to deliver sensible outcomes for our clients over the years. We believe this fund offers a unique opportunity to benefit from India’s growth story while endeavouring to minimise non-financial risks,” Ajit Dayal, founder, Quantum Advisors, said.

Quantum Advisors draws on over 30 years of Indian equity markets experience, including seven years of value investing globally in partnership with Tom Hansberger, the co-founder of Templeton,

Galbraith & Hansberger founder Ajit Dayal, former lead manager of the Vanguard International Value Fund (1999 to 2004), who has 40 years of experience in the Indian capital markets, and I V Subramaniam (Subbu), group head equities, who has 33 years of experience in the Indian capital markets, are amongst the longest serving equity portfolio managers from India.

Plurimi
Plurimi, an independent wealth manager, in partnership with Prosper, has launched Plurimi World Equity (PWE) and the Plurimi World Long Short Equity (PWLSE) funds.

These “cutting-edge UCITS strategies” integrate artificial intelligence with discretionary management, the firm said in a arecent statement. The advantages include eliminating behavioural and human biases from stock selection; continuous screening and analysis of 5,000 companies across 45 countries; and being able to identify top investment opportunities while shorting companies with weaker characteristics. Although signals generated by AI inform investment decisions, the final portfolio allocation remains discretionary, ensuring a blend of technology-driven insights and human expertise.

The Plurimi World Equity fund was launched in December 2024 and the Plurimi World Long Short Equity fund was launched in January 2025. The funds have already attracted strong investor interest, raising over $80 million and $60 million in assets respectively to date.

The funds are managed by Patrick Armstrong, CIO of Plurimi Group, and Eugen Fostiak, head of AI and machine learning, a duo with over 20 years of collaboration in developing award-winning investment solutions. Their expertise, combined with Plurimi’s $9 billion in assets under management, add strength to the fund’s foundation, the firm said.

Structured as Luxembourg UCITS funds, PWE and PWLSE offer daily liquidity, full transparency, and a robust, regulated investment framework. The two funds embody the future of asset management, combining technological innovation with human expertise. As such, the firm said that the funds are an ideal solution for professional investors seeking performance-driven, transparent investment opportunities in today’s evolving market landscape.

Plurimi Wealth LLP is an independent wealth manager, overseeing $9 billion in assets under management and advice for ultra-high net worth individuals, family offices, and institutions. Based in central London, with offices in Dubia and Monaco, it was formed by ex-Credit Suisse personnel more than a decade ago.

Prosper Professional Services SA is a Swiss-based fund distribution company, bridging the gap between specialised asset managers and wealth managers through commercial, marketing, and administrative services.