Man Group launches first UCITS ETFs in Europe

Man Group launched its first UCITS ETFs in Europe, two actively managed funds trading on the London Stock Exchange, Euronext Milan and Xetra. The funds list in sterling and dollars in London and in euros on Euronext Milan and Xetra.

The Man Active Trend Enhanced UCITS ETF (tickers MATE and MAET) combines global equity exposure referencing the MSCI World Index with a quantitative trend-following overlay across global futures markets. Fees were not disclosed. Russell Korgaonkar and Giuliana Bordigoni are the portfolio managers primarily responsible for the fund's day-to-day management.

For European fund selectors, the change is distribution: both strategies can now be bought as exchange-traded lines in sterling, dollars or euros instead of through an institutional mandate or fund subscription. MATE references the MSCI World Index, so an allocator considering it as an equity holding can compare its performance against a plain index tracker.

The Man Active Global Infrastructure UCITS ETF (tickers MGIN and MGIM) is managed by Al Chu and holds listed infrastructure companies for long-term capital growth. Man said it runs the fund in line with the same investment philosophy and process as its existing global listed infrastructure strategy.

The two funds extend a US ETF range Man began in late 2025 that now covers actively managed credit, equities and alternatives. Total assets at Man Group reached $270.9 billion at the end of the third quarter, with growth concentrated in liquid strategies, as Private Wealth Daily previously reported.