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What’s New In Investments, Funds? – Lazard AM, Franklin Templeton, Others

Editorial staff

1 October 2026

Lazard Asset Management
(LAM) has launched the Lazard Europe ex-UK Equity Advantage Fund. The quantitatively managed UCITS fund will expand investor access to LAM’s flagship Equity Advantage platform.

The fund is built on a core investment approach designed to perform through changing market cycles. Driven by bottom-up security selection, it aims to maintain a balanced style exposure and avoid unintended macroeconomic exposures. LAM’s active, quantitatively-driven investment framework assesses companies on growth potential, valuation, market sentiment, and financial quality, the firm said in a statement. Every suggested trade is validated by a portfolio manager before it is included in the portfolio, an approach designed for transparency rather than "black box" investment.

The fund will be managed by LAM’s Equity Advantage team, which has been with the firm since 2007. It currently oversees $50.9 billion in various quantitative strategies for clients worldwide. The team combines proprietary quantitative insights with perspectives from LAM’s global network of fundamental investors.

Franklin Templeton
Investment manager has launched the FTGF Putnam Global Research Fund, expanding UK investor access to the investment capabilities of Putnam Investments. It is a sub-fund of the Ireland-domiciled Franklin Templeton Global Funds (FTGF) range.

The fund will be co-managed by Boston-based portfolio managers Kate Lakin, Matt LaPlant, Vivek Gandhi and London-based David Morgan, who have an average of 27 years in the industry. 

The FTGF Putnam Global Research Fund is registered for distribution in Austria, France, Germany, Italy, Luxembourg, Spain, Switzerland and the UK. The launch marks the next phase of Franklin Templeton’s strategy to broaden UK client access to Putnam Investments’ capabilities, following the introduction of its flagship US equity strategies last year. 

The new fund builds on the demand for the FTGF Putnam US Research Fund, which has raised more than $5 billion since it was introduced to investors in Europe and the UK in April 2025. Its underlying Putnam US Research Equity Strategy, established in 1995, has more than $9.6 billion in assets under management.

Invesco
has said that it is more than doubling the number of funds in its Enhanced Equity UCITS exchange-traded funds (ETF) range, which has amassed $2 billion in assets under management. The firm is adding exposures to Global ex USA, Global Small Caps, UK and Japan, as well as All Country World (ACWI), which was launched in August 2026. Each fund within this range aims to outperform the relevant index, less the impact of fees, over the long-term using systematic, factor-based active management, while applying constraints to help deliver an “index like” experience, placing these funds between pure passive and traditional active strategies, the firm said in a statement.

“Active has been one of the fastest-growing ETF categories in Europe this year, with those aiming to outperform in a controlled way seeing the greatest demand,” Matt Tagliani, head of EMEA ETF Product at Invesco, said. “Invesco’s Enhanced Equity strategy takes a systematic approach to security selection and portfolio construction, with factor performance captured in a scalable way and applied across a large, diversified portfolio, with investors now offered a more complete set of global and regional exposures from which to select.”

With these latest launches, the firm now offers 19 actively managed equity and fixed income UCITS ETFs with $8.4 billion in assets under management.

In line with a number of investment managers, such as Pictet Asset Management, Schroders has also launched another two new fixed income active exchange traded funds (ETFs), as it expands its range across asset classes and geographies. See here and here.

WisdomTree
, a global financial innovator, has entered the defined outcome exchange-traded funds market with the launch of two actively managed Defined Return UCITS ETFs. The WisdomTree Defined Return Autocallable EUR Active UCITS ETF (DRTN) and WisdomTree Defensive Defined Return Autocallable EUR Active UCITS ETF (DRTD) were listed this week on Xetra and Borsa Italiana with a total expense ratio (TER) of 0.65 per cent.

The WisdomTree Defined Return Autocallable EUR Active ETFs are designed to deliver more predictable equity investment outcomes through diversified, actively managed exposure of autocallables on liquid large cap indices such as the EURO STOXX 50, the firm said in a statement. By harvesting both the equity and volatility risk premia, the strategy aims to provide a consistent and resilient return profile across different market environments. DRTN targets an annualised return of 8-9 per cent, while the defensive strategy, DRTD targets a return of 6-7 per cent per annum.

Autocallables are investment strategies linked to stock market performance that aim to provide more predictable returns. Through a diversified portfolio-based approach, the ETFs aim to reduce reliance on single outcomes, mitigate credit risk typically associated with structured notes, provide a more transparent defined return exposure and remove the need to manage portfolios of individual autocallables.