Man Group has launched the Man Active Global Infrastructure ETF (MGIN), an actively managed fund investing at least 80% of net assets in infrastructure companies and related asset owners. Its scope spans utilities, energy networks, transportation, communications and real estate, including REITs and master limited partnerships. The strategy generally targets companies worth at least $2 billion, with at least 30% of assets outside the U.S. and exposure to at least five foreign countries. Sub-adviser GLG combines macroeconomic analysis with company research, assessing asset quality, financial strength, cash flow and valuation. The fund is non-diversified and may hedge foreign currency exposure.