L&G launches diversified multi-factor global equity ETF

L&G has launched the L&G WTW Global Equity Diversified UCITS ETF, giving investors access to an institutional multi-factor equity strategy through an ETF. The fund tracks the WTW Global Equity Diversified Index, developed with MSCI and WTW, combining value, quality and momentum signals while using portfolio constraints to manage stock, sector and country risk. It also incorporates ESG and climate transition objectives and rebalances quarterly. The strategy already manages around USD25 billion in institutional assets, and the launch expands access as L&G continues to grow its ETF business.