Source and Man Group partner for 'beta plus' strategy ETFs

The two LSE-listed funds follow a Man Group strategy designed to generate alpha from broker recommendations on stocks from Asia and continental Europe

michael-john-lytle

Exchange-traded fund (ETF) provider Source has today launched two ETFs that provide 'beta plus' exposure to Europe and Asia. The Source Man GLG Continental Europe Plus Ucits ETF (MPCE), which tracks the stocks of companies based in 16 European countries excluding the UK, aims to outperform the MSCI Europe ex UK Index by 2–8% per year. The Source Man GLG Asia Plus Ucits ETF (MPAS) gives investors exposure to 11 Asian countries, excluding Japan, while aiming to outperform its benchmark, the MSCI

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