Launches & Closures

Source rolls out Man GLG broker-ideas fund in ETF format


Leading ETF provider Source has announced the launch of its new Man GLG Europe Plus Source ETF. The product provides exposure to the Man GLG Europe Plus Index, a long-only index developed by Man Systematic Strategies (MSS), a new group that draws on the combined expertise of GLG, AHL and Man’s multi-manager business.

The Man GLG Europe Plus Index, created by MSS, is a long-only total return European equity index designed to capture outperformance from broker ideas provided specifically for Man GLG.

It uses high quality ideas from approximately 60 leading brokers to create a liquid, highly diversified,