Man Group Launches Two Active UCITS ETFs
Man Group has introduced two actively managed UCITS exchange-traded funds listed across London, Milan, and Frankfurt.
Updated on Nov. 4, 2026 in Investing
Man Group has launched the Man Active Trend Enhanced UCITS ETF and the Man Active Global Infrastructure UCITS ETF in Europe. Both funds are listed on the London Stock Exchange, Euronext Milan, and Xetra.
Why it matters
The launches extend Man Group's active ETF offering to European investors seeking systematic trend-following and listed infrastructure exposure through a regulated UCITS wrapper. They add active strategies to a market where index-tracking products have dominated flows.
The announcement is a launch notice rather than performance data, and it cites the trend-following model as honed over 35 years without reporting returns. Fund size, expense ratios and early inflows are not disclosed in the source.
The players
Man Group
Man Group is a London-headquartered global active investment manager with a long history in systematic and alternative strategies.
Russell Korgaonkar
Russell Korgaonkar is a portfolio manager at Man Group who co-leads the firm's trend-following strategies.
Giuliana Bordigoni
Giuliana Bordigoni is a Man Group investment professional who co-heads the Man Active Trend Enhanced UCITS ETF.
Al Chu
Al Chu is the commodities and real assets manager at Man Group who leads the Man Active Global Infrastructure UCITS ETF.
The details
The Man Active Trend Enhanced UCITS ETF is a systematic strategy with a quantitative trend-following overlay, tracking the MSCI World index and led by Russell Korgaonkar and Giuliana Bordigoni. The Man Active Global Infrastructure UCITS ETF gives exposure to global listed infrastructure companies and is led by Al Chu, commodities and real assets manager at Man Group.
Timeline
• Launch and listing announced on 4 November 2026.
Market Dynamics
The launches extend the UCITS-regulated ETF category, which has grown as a European distribution route, into actively managed systematic and listed infrastructure strategies. Active UCITS ETFs remain a smaller segment than passive index products within that wrapper.
European investors gain access to actively managed trend-following and listed infrastructure exposure through funds traded on familiar exchanges, which can be bought through a standard brokerage account. Whether these strategies suit a portfolio depends on fees and risk tolerance, which the announcement does not specify.
The takeaway
Before adding any new ETF, compare its fund fees and tracking approach with what you already hold, since active strategies typically carry higher costs than index funds.
Further reading
For more on how these products fit into broader portfolio choices, see the Investing section.
