Aberdeen Standard Investments (ASI) has introduced a suite of index tracker funds across equity and fixed income.

The range includes five fixed income and three equity strategies, with their fees ranging between 0.03% and 0.10%.

The vehicles will be available on Standard Life Wrap and Elevate platforms.

Funds will be weighted on the basis of market cap or outstanding debt of companies.

The firm will utilise a “scalable, repeatable and risk-controlled” process for this purpose.

The strategies will be managed by ASI’s quantitative investment team.

ASI head of UK propositions David Tiller said: “Since taking the lead in platform unbundling and ‘superclean’, Standard Life has a track record of actively negotiating with investment managers to secure greater fund choice for advisers using Wrap and Elevate.

“Today, more advisers are looking for flexibility to make the right active decisions while ‘cost balancing’ their portfolios using an index fund allocation.

“Being able to secure favourable terms for index funds means advisers and discretionary managers have more freedom to allocate to the best opportunities for their clients.”

ASI was recently in the news for its takeover of Hong Kong-based real estate investment manager Orion Partners.

Last August, ASI launched a global equity fund that is powered by artificial intelligence (AI) technology.