World's Largest Publicly Traded Hedge Fund Enters ETF Space
Man Group, the world's largest publicly traded hedge fund manager, filed a preliminary prospectus for two active fixed-income ETFs, marking the London-based firm's first entry into exchange-traded fund distribution as alternative managers increasingly turn to ETFs for access to complex strategies.
According to the June 13 filing with the Securities and Exchange Commission, the Man Active High Yield ETF and Man Active Income ETF will use active bond strategies, including derivatives, high-yield bonds, emerging markets exposure and illiquid credit investments—bringing institutional-grade bond management to everyday investors through ETFs.
The move represents more than just another ETF launch in an already crowded marketplace. It signals how ETFs are evolving from their origins as simple baskets for broad market exposure into ways to deliver complex investment strategies once available only to hedge funds and large institutional investors.
The Man Active High Yield ETF will invest at least 80% of net assets in high-yield securities rated below investment grade, according to the filing. The fund may invest up to 30% in securities rated below B3 by Moody's Investors Service or lower than B- by S&P Global Ratings or Fitch Ratings.
The Man Active Income ETF seeks to generate current income as its primary objective, with capital growth as a secondary objective, according to the filing. The fund will invest across four primary sectors: high-yield corporate debt, investment-grade corporate debt, government and agency debt, and securitized debt.
The filing reflects how ETFs have evolved from simple, index-tracking funds into vehicles for active strategies. For newer investors, this opens access to institutional-grade tools they couldn't reach before, but it also brings complexity.
The filing reveals active bond management approaches from a firm known for its expertise in hedge funds. The strategies may invest in distressed securities, contingent convertible bonds and bank loans with extended settlement periods, according to the filing.
Both funds are non-diversified and may use derivatives for hedging and return enhancement, including futures, options, swaps and credit-linked notes, according to the filing. GLG Partners LP serves as sub-adviser with portfolio managers Michael Scott overseeing the High Yield ETF and Jonathan Golan managing the Income ETF.
Man Group reported $172.6 billion in assets under management as of March 31, according to its April trading statement. The firm saw $3.6 billion in net inflows during the first quarter despite geopolitical and economic headwinds.Permalink | © Copyright 2025 etf.com. All rights reserved
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
9 minutes ago
- Bloomberg
FTSE 100 Live: Pound Rises After Best Week Since March
Here's a few other stocks we'll have an eye on in London this morning: Hikma: The generic drugmaker is to invest $1 billion to expand manufacturing for its US business. Chemring: The defence contractor has agreed to buy Hampshire-based radio systems firm Landguard for £20 million. TT Electronics: The high-tech components maker said revenue has fallen in the first five months of the year and expects to update on a CEO appointment in the second half.
Yahoo
15 minutes ago
- Yahoo
Bulletin from Physitrack PLC's (publ) Annual General Meeting
LONDON, GB / / June 30, 2025 / Physitrack PLC (STO:PTRK) - At the Annual General Meeting (the AGM) of Physitrack PLC ("Physitrack" or the "Company"), on 27 June 2025, the following resolutions were adopted. To receive and adopt the Annual Report and Accounts The AGM resolved to receive and adopt the Company's Annual Report and Accounts for the period ended 31 December 2024, together with the reports of the Directors and Auditor. Re-election of Directors The AGM resolved to re-elect Anne-Sophie D'Andlau, Per Henrik Molin, Arup Paul, and Jasper Zwartendijk as Directors of the Company. Appointment and Remuneration of Auditor The AGM resolved to re-appoint Mazars LLP as Auditor to the Company to hold office until the conclusion of the next Annual General Meeting and to authorise the Directors to fix the remuneration of the Auditor until the conclusion of the next Annual General Meeting. Authority to allot Ordinary Shares The AGM resolved, in accordance with the Board of Directors' proposal, that the Directors be generally and unconditionally authorised for the purposes of section 551 of the Companies Act 2006, in substitution for all existing authorities, to exercise all the powers of the Company to allot 1,626.077 Ordinary Shares of £0.001 each in the capital of the Company ("Ordinary Shares"), and to grant rights to subscribe for or to convert any security into Ordinary Shares for any purpose, up to a maximum aggregate nominal amount of £1,626.08 (being 10% of the Company's issued share capital) such authority to apply until the end of next year's annual general meeting (or, if earlier, until the close of business on 31 May 2026) but, in each case, during this period the Company may make offers and enter into agreements which would, or might, require Ordinary Shares to be allotted or rights to subscribe for or convert securities into Ordinary Shares to be granted after the authority ends and the Board may allot Ordinary Shares or grant rights to subscribe for or convert securities into Ordinary Shares under any such offer or agreement as if the authority had not ended. Authority to dis-apply pre-emption rights The AGM resolved that, in accordance with the Board of Directors' proposal, that, subject to the passing of Resolution 9 as specified in the Notice of the AGM ("Notice"), the Directors be empowered pursuant to section 570 Companies Act 2006 to allot equity securities (within the meaning of section 560(1) Companies Act 2006) of the Company for cash pursuant to the authority conferred by Resolution 9 mentioned in the Notice as if section 561 Companies Act 2006 did not apply to the allotment, such power to expire at the end of next year's annual general meeting (or, if earlier, until the close of business on 31 May 2026) unless renewed, varied or revoked by the Company prior to such a date. Share Repurchases The AGM resolved, in accordance with the Board of Directors' proposal, that the Company be and is hereby generally and unconditionally authorised in accordance with section 701 of the Act to make market purchases (within the meaning of section 693 of the Act) of its Ordinary Shares, provided that: a. The maximum number of Ordinary Shares authorised to be purchased shall be 1,626.077 (representing 10% of the Company's issued Ordinary Share capital at the date of this notice of Annual General Meeting); b. The minimum price (exclusive of any expenses) which may be paid for an Ordinary Share is £0.001; c. The maximum price (exclusive of expenses) which may be paid for each Ordinary Share must not be more than the higher of (i) an amount equal to five per cent above the market value of an Ordinary Share for the five business days immediately preceding the day on which that share is contracted to be purchased; and (ii) an amount equal to the higher of the price of the last independent trade and the highest current independent bid on the trading venue where the purchase is carried out, in each case exclusive of expenses; d. The authority hereby conferred shall expire at the conclusion of the next Annual General Meeting of the Company to be held after the date of the passing of this resolution or, if earlier, on the expiry of 15 months from the passing of this resolution, unless such authority is renewed to such time; and e. The Company may make a contract to purchase Ordinary Shares under the authority, which will or may be executed wholly or partly after the expiration of such authority and may make a purchase of Ordinary Shares pursuant to any such contract. Please refer to the Notice of Annual General Meeting 2025 (link here) for full details of all the resolutions proposed at the Enquiries regarding this announcement should be addressed to: Henrik Molin, CEO and co-founder, Physitrack.+44 208 133 9325ir@ About Physitrack Physitrack PLC, founded in 2012, is a global digital healthcare provider, focused on the B2B wellness and virtual-first care markets. With staff with 12 nationalities on four continents, customers in 17 time zones, and end users in 187 countries, Physitrack is a truly global company. The company has two business lines:1. Lifecare - SaaS platform tailored mainly to physiotherapy and musculoskeletal care, enabling practitioners to deliver clinical home exercises, education prescription, outcomes tracking, triaging and Telehealth.2. Wellness / Champion Health - SaaS platform for Employee Wellness and care powered by a combination of world-leading technology and wellness professionals based in the United Kingdom, Germany and the Nordics. Physitrack PLC is headquartered in London, United Kingdom, and listed on Nasdaq First North Premier Growth Market (PTRK). Visit us athttps:// (investor relations) (product marketing) About Champion Health Champion Health, a subsidiary of Physitrack Plc, is a leader in corporate wellness technology, providing an innovative platform that empowers businesses to support their employees' well-being through personalised wellness action plans and advanced analytics. Visit us athttps:// Attachments Bulletin from Physitrack PLC's (publ) Annual General Meeting SOURCE: Physitrack PLC View the original press release on ACCESS Newswire Sign in to access your portfolio
Associated Press
25 minutes ago
- Associated Press
Colle AI Activates NFT Styling Layers for Real-Time Creator Experience
New visual customization tools give creators advanced control over NFT design and multichain presentation LONDON, LONDON, UNITED KINGDOM, June 30, 2025 / / -- Colle AI (COLLE), the multichain NFT platform powered by artificial intelligence, has launched a new feature set called NFT Styling Layers, aimed at providing creators with deeper visual customization and real-time design control for their digital assets. This release strengthens Colle AI's creative toolkit, allowing for enhanced flexibility and presentation quality across chains. NFT Styling Layers introduce modular design functions where creators can apply dynamic visual themes, metadata templates, and interactive overlays to their NFTs during the creation process. These tools operate in real time, giving artists and project teams instant visual feedback and eliminating the need for off-platform rendering or preview adjustments. The new styling system is fully compatible with Colle AI's multichain distribution engine, allowing assets to retain their visual integrity across Ethereum, Solana, Bitcoin, XRP, and BNB Chain. The system also supports conditional styling based on user interaction, drop phases, or chain-specific contexts—further enriching engagement across decentralized environments. Colle AI continues to push the limits of creative utility in the NFT space, combining intuitive design workflows with AI-powered automation to streamline production. With the introduction of NFT Styling Layers, the platform advances its mission to deliver smarter, more immersive digital asset creation for the Web3 era. About Colle AI Colle AI leverages AI technology to simplify the NFT creation process, empowering artists and creators to easily transform their ideas into digital assets. The platform aims to make NFT creation more accessible, fostering innovation in the digital art space. Dorothy Marley KaJ Labs + +1 707-622-6168 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
