Man Group, a global alternative investment manager, has announced the launch of the Man Active Global Infrastructure ETF (MGIN). The actively managed fund, which will be listed on the New York Stock Exchange, seeks to provide capital growth in the medium to long term through exposure to listed global infrastructure companies and brings the firm’s exchange-traded fund offering in the U.S. wealth market to five funds.
MGIN is an active, long-only, unconstrained strategy that invests in listed infrastructure companies across energy, utilities, digital and communications, transportation and supply chain, and other infrastructure subsectors. The fund draws on an eligible investment universe of more than 700 listed companies globally, each with a market capitalization of more than $1 billion, before applying a rigorous top-down, subsector and bottom-up fundamental process to construct a concentrated, high-conviction portfolio of approximately 40 to 60 core positions.
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