Israel's Bank Leumi Group has launched LGM Dynamic Equity Fund, an extension to the Leumi Global Managers series of funds. The new fund is aimed at investors wishing to diversify their investment portfolio to emerging markets. It has an emphasis on emerging market and Asian equities. LGM Dynamic Equity Fund is the latest addition to the Leumi Global Managers series of funds, which invest in SEI Investments' manager-of-managers funds and are distributed via Bank Leumi’s Global Private Banking network. Bank Leumi established an alliance with SEI in 2004 and this combines its client relationship and distribution network with SEI’s experience in selecting, monitoring and replacing managers. The alliance has raised over £250 million ($442.1 million) in assets since its launch last summer.