Jupiter Asset Management is nearing its European entry with the regulatory filing of an actively managed global government bond ETF.
The firm has filed for regulatory approval of the Jupiter Global Government Bond Active UCITS ETF and will look to launch the strategy on the platform of white-label issuer HANetf.
It comes as the active ETF market continues to grow in Europe, with $6.8bn inflows driving the segment's assets up 25% in the year-to-date as at 17 July.
A spokesperson from Jupiter asset management said: “At this stage there is nothing to update on. When our plans in this space progress further, we will provide further details.”
In July, ETF Stream revealed Jupiter Asset Management was planning its entry into the European ETFs market.
Fund selectors have previously called for more active fixed income ETFs as they look for a low-cost solution to tackle inefficiencies in the bond market.
Corporate credit manager Fair Oaks Capital recently launched Europe’s first collateralised loan obligation (CLO) ETF, further expanding Europe’s active fixed income range.
The European ETF market has seen a flurry of new entrants eye the active space over the past 12 months, including American Century Investments, AXA Investment Managers, Horizon Kinetics, abrdn and Investlinx.
