L&G today announces the launch of the L&G WTW Global Equity Diversified UCITS ETF (GEDI) (‘the Fund’), providing access to institutional-level investment strategies in a cost-effective way.
The fund aims to provide exposure to the WTW Global Equity Diversified Index, a custom index built by MSCI on criteria provided by WTW (“the Index”), following a multi-factor index strategy using diversified signals across value, quality, and momentum.
The strategy is designed to serve as a core equity building block, with risk tightly managed through explicit portfolio constraints that include stock, sector and country exposure. It will be rebalanced on a quarterly basis, with ESG integration, including climate transition objectives, also featuring within the strategy.
The Index was designed in partnership between MSCI and WTW, bringing L&G clients the expertise of one of the world’s leading institutional investment consultants. The approach is already used to manage $25 billion across three L&G funds for institutional clients.
This is the latest ETF launch for L&G, following a year in which its total ETF assets under management rose by approximately 50%[1].
“Providing access to highly sophisticated and cost-effective investment strategies is an important part of L&G’s global asset management offering, having been an early pioneer of index investing. We have a great relationship with the team at WTW with a history of ongoing successful collaborations. We’re thrilled to launch this ETF – its innovative approach is already used across several existing L&G funds in institutional assets. The ETF wrapper, which provides easy access, transparency and liquidity, will aim to enable a broader group of investors with the opportunity to invest in this strategy.”
David Barron, Global Head of Index & ETFs, at L&G Asset Management
“We are excited to see the launch of the first GEDI ETF, marking an important milestone in making this strategy accessible to a broader range of investors. Through our partnership with L&G and MSCI, this ETF extends a disciplined, diversified multi factor approach to investors, offering a transparent, liquid and cost-efficient way to access a core equity building block.”
Sarah Hopkins, Head of Equity Solutions at WTW
Source: L&G, global AUM as at 30 June 2025. Excludes assets managed by associates (Pemberton, NTR, BTR). The AUM includes the value of securities and derivatives positions and may not total due to rounding.
