Man Active High Yield ETF

MHY

Market cap $19.8M

In a year marked by shifting interest rates, evolving credit markets, and growing investor appetite for alternative assets, several new funds have debuted, each designed to meet the changing needs of today's diversified portfolios.

London-based investment manager Man Group, most famously associated with its hedge fund heritage, has officially entered the ETF industry in the U.S. On Thursday, the firm listed two actively managed credit funds, Man Active High Yield ETF MHY and Man Active Income ETF MANI.

London-headquartered Man Group entered the ETF industry in the U.S. on Thursday with the launch of two funds. The Man Active High Yield ETF (MHY) and the Man Active Income ETF (MANI) are both actively managed credit funds that list on the NYSE Arca exchange.