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

Quilter
UK wealth manager Quilter has launched the Quilter Investors Global Government Bond fund, appointing PIMCO to manage the new mandate. Quilter’s WealthSelect Managed Portfolio Service has introduced the new fund into its managed portfolios as part of a recent ad hoc rebalance. The new holding is being partly funded by a reduction in the passively managed government bond holding and, as such, will increase the overall exposure to actively managed global government bonds in the portfolios, which the team deemed prudent given the heightened levels of uncertainty.

The mandate will be managed by Andrew Balls alongside a team of senior portfolio managers and analysts. The strategy benefits from global expertise, strong tenure, and access to PIMCO’s macro and fixed income research platform.

Elsewhere in the rebalance, following a rally in equity markets during April and early May, portfolio managers, Stuart Clark, Helen Bradshaw and Bethan Dixon, decided to take profits from the equity allocation, and within equity topped up laggard positions such as its precious metals allocation.

“Following the recent rally in equity markets, we felt it was sensible to take some profit and rebalance the portfolios by increasing our exposure to actively managed fixed income,” Clark said. “Concurrently, the launch of the Quilter Investors Global Government Bond fund comes at a good time and our already strong partnership with PIMCO has strengthened the fixed income line up within WealthSelect.”

State Street IM, Ninety One
State Street Investment Management, the asset management arm of New York-listed State Street Corporation and Ninety One, a global investment manager, are entering into a partnership, paving the way for a suite of active co-branded exchange-traded funds (ETF).

Through this partnership, the firms will collaborate to introduce a suite of new active ETF products, providing investors across Europe, the Middle East, Latin America and the Asia-Pacific region, with access to asset classes across developed and emerging markets. The initial launches will be focused on actively-managed global equities and emerging markets UCITS ETFs.

Demand for ETFs continues to grow globally, including within the EMEA region, as investors seek to diversify their portfolios amid geopolitical and macroeconomic uncertainty, while benefitting from the flexibility, transparency, speed and cost-effectiveness of the ETF wrapper.

“Our goal is to drive innovation within the industry, deploying our extensive expertise and capabilities to identify and create solutions for investors,” Yie-Hsin Hung, chief executive officer of State Street Investment Management, said. “This exciting evolution in State Street’s longstanding partnership with Ninety One has led to the creation of several deeply compelling investment opportunities across emerging and developed markets through a new suite of actively-managed ETF products.Through this partnership, both firms will work in tandem to ensure that investors can benefit from the deeply compelling investment opportunities at play across both emerging and developed markets around the world.”

Investors are increasingly seeking to diversify beyond US equities, which have dominated global portfolios, driving renewed interest in international and emerging market opportunities, the firm said in a statement. Recent data from State Street highlights that flows into EMEA-domiciled active ETF products have remained strong, with 11.6 per cent growth in assets under management within this cohort of funds to date in 2026 and growth in global equity and emerging market equity funds.

“In an uncertain world, the ability to invest globally with high conviction matters more than ever,” Hendrik du Toit, founder and chief executive at Ninety One, said. “This partnership brings together Ninety One’s active investment capabilities with State Street IM’s global reach and ETF expertise, creating a powerful platform to deliver solutions for clients worldwide.”

A number of firms have been launching ETFs recently, for instance US-headquartered investment managers Invesco and Franklin Templeton. They have also been diversifying beyond US equities, notably into Asia and emerging markets. See more here, here, here and here.