Mobius Life manufactures True Index Fund for Macquarie Investment Management

Mobius Life, the independent institutional investment platform, has extended its capability to create funds for asset managers with the launch of a Macquarie Investment Management (Macquarie) True Index Fund for a UK client. Macquarie joins the growing group of asset managers using the Mobius Life platform to life-wrap its products for UK pension schemes.

The True Index is a strategy which has been available to defined contribution schemes in Australia for more than two decades. The solution provides clients a unique approach to indexing with exact index returns for no management fee1, flexibility to invest across a range of asset classes and geographies, and a robust, multi-layered risk management approach.

The Australian market has been dominated by DC schemes since the 1980s and is where consolidation of funds and a greater focus on reducing fees from both the regulator and the market resulted in growing demand for products like True Index.

Macquarie and independent investment platform, Mobius Life are working in partnership with one UK pension scheme to provide a bespoke pooled global equity True Index solution.

Adrian Swales, Chief Executive Officer, Mobius Life said: “We are seeing increased interest in our capability to manufacture products for international asset managers. This makes it possible for them to bring their strategies to the UK pension market – offering an increase in innovation and range of assets for the UK market.

“I am delighted that Macquarie has chosen Mobius Life to create a UK version of its True Index strategy, which has been available to Australian DC pension schemes for many years.”

-ENDS-

For further information, please contact:
Mobius Life, Mike Lord
E: [email protected]
M: +44 (0)7831 401 311

Notes to Editors:
Mobius Life (www.mobiuslife.co.uk) is a UK life insurance company and institutional investment platform, established in 1996, with in excess of £20 billion assets under administration. We deliver investment administration and life company services to DB and DC pension funds, asset managers and other institutions. Mobius Life empowers investors to implement investment strategies efficiently in a cost-effective manner.

Mobius Life won the Institutional Pension Platform of the Year award at the 2019 Professional Pensions Awards.