Californian asset manager Franklin Templeton Investments has filed papers with regulators signifying its intention to launch four equity exchange-traded funds with smart beta investment themes. Details within the filings indicate that the new funds, which will be part of the firm’s ‘LibertyQ’ range, will track rules-based indices calculated by MSCI.

Legg Mason, a global asset management firm, has unveiled its debut exchange-traded fund line-up of four outcome-oriented index-based ETFs launched in partnership with its investment affiliate QS Investors. The four ETFs are branded under the Legg Mason name and began trading on the Nasdaq Stock Market on December 29, 2015. Rick Genoni, Head of the ETF business at Legg Mason, said: “We are excited to begin building our ETF offering and will continue to identify ways in which we can capitalize on the investment strengths of the Legg Mason investment affiliates.” The firm plans to launch additional ETF products in the coming months.