Hedge fund products might not be so exclusive anymore. Man Group, which oversees roughly $43 billion in assets in the US, entered the ETF race earlier this month with two active bond ETFs, the Man Active High Yield ETF (MHY) and the Man Active Income ETF (MANI), which will invest, respectively, in junk bonds and debt instruments including corporate, government and securitized notes. Several other firms have launched or sought SEC approval for their own strategies in the past year, a sharp departure from t ...

Core Viewpoint - Man Group has entered the U.S. ETF market with the launch of two actively managed funds, indicating a strategic expansion into a growing investment vehicle sector [1] Group 1: Company Overview - Man Group is headquartered in London and has launched the Man Active High Yield ETF (MHY) and the Man Active Income ETF (MANI) [1] - The new ETFs are designed to provide investors with actively managed investment options in the high yield and income sectors [1] Group 2: Industry Context - The entry of Man Group into the ETF industry highlights the increasing competition and innovation within the U.S. ETF market [1] - Actively managed ETFs are gaining traction as investors seek more tailored investment strategies compared to traditional passive funds [1]