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

L&G
UK financial services group L&G has launched three new factor-based index funds, bolstering its proposition for UK wholesale investors.

The L&G Developed World Single Factor Designed range consists of three funds: the L&G Developed World Momentum Factor Index Fund, the L&G Developed World Quality Factor Index Fund and the L&G Developed World Value Factor Index Fund.

While established amongst institutional investors, factor investing is not as present in the wholesale market due to the more common use of traditional active products, the firm said in a statement. These funds, which have been designed with evolving client needs in mind, will enable investors to access specific factor exposure across developed market equities.

The L&G Developed World Momentum Factor Index Fund tracks the iSTOXX L&G Developed World Momentum Index NTR. The fund seeks exposure to companies that have shown strong recent performance or rapid growth in a short period.

The L&G Developed World Quality Factor Index Fund tracks the iSTOXX L&G Developed World Quality Index NTR. The fund seeks exposure to companies with characteristics such as positive income, high profitability and low leverage, generally indicating lower financial risk, more stable earnings, and durable business models.

The L&G Developed World Value Factor Index Fund, which tracks the iSTOXX L&G Developed World Value Index NTR, provides exposure to companies that appear undervalued compared with comparable companies.

Each of the indices has been designed to incorporate practical considerations, such as transaction costs and turnover – a key advantage of the strategies, the firm added. 

“Factor investing has been underrepresented in wholesale portfolios, and so we have pooled our internal expertise to develop something that is both differentiated, while meeting the distinct requirements of our end investors,” Ben Cherrington, head of UK wholesale, asset management, L&G, said.

“With the market environment remaining volatile and uncertain, the role for factor strategies is highly relevant given their ability to enhance diversification, manage risk, and capture persistent sources of return,” Stefan Bilby, head of index distribution, asset management, L&G, added.

EQT
Global investment firm EQT has introduced a European Long-Term Investment Fund (ELTIF) structure to its Nexus evergreen product suite – providing a new way to access private markets to more non-professional individual investors across the European Union and European Economic Area.

EQT Nexus ELTIF Private Equity aims to provide exposure to a globally diversified portfolio of EQT’s "well-established" private capital strategies investing across healthcare, technology, and services. The fund marks an important step in EQT’s European Private Wealth strategy, enabling strategic distribution partnerships in key growth markets, the firm said in a statement.

The fund can give individual investors exposure to a similar portfolio as institutions, focused on EQT’s Private Capital strategies spanning early-stage investments, growth and large-scale buyouts, investing in healthcare, technology, and services across Europe, North America, and Asia-Pacific.

The ELTIF regulatory framework expands access to private markets for the non-professional investor category, increasing coverage to more countries within the EU and EEA, and at a lower minimum investment threshold than traditional private asset structures.

Like EQT’s broader platform of evergreen products, the fund will be made available via third-party distributors, including private banks and wealth platforms, with third party subscriptions starting in November 2025.

“The launch of EQT Nexus ELTIF Private Equity is an exciting evolution of EQT’s European Private Wealth offering, paving the way for new strategic distribution partnerships and client segments that are meaningfully under-allocated to private markets,” Peter Beske Nielsen, global head of private wealth and evergreen solutions at EQT, said. “Today, many individual investors’ portfolios are concentrated in shares, bonds, and mutual funds with publicly listed companies – even though public markets only account for a fraction of the total investable economy. The ELTIF expands access to private markets for non-professional investors across the EU and EEA, enabling broader diversification beyond traditional public holdings.”

With the launch of EQT Nexus ELTIF Private Equity, EQT’s evergreen platform now includes five evergreen solutions: they include private equity, infrastructure and real estate strategies and solutions available to eligible individual investors and institutions in a number of jurisdictions in Europe, Asia-Pacific and the Americas.