Multilink Universal is shipped configured for ARM devices. You need to download from P&E
It includes utility to reflash Multilink Universal into S12 mode. Not very comfortable for people using both ARM JTAG and BDM devices. I'd love to have two cables attached to Multilink and just connecting one of 2nd ends when needed without reflashing. Unfortunately it is not possible. Perhaps two multilinks would be more comfortable working with ARMs and non-ARMs frequently.