Manulife Expands Credit ETF Offerings with Multi-Asset Fund Launch
Event summary
- Manulife Investments launched the Manulife CQS Multi Asset Credit Fund ETF Series (Ticker: MMAC) on March 17, 2026, with its affiliated investment adviser Manulife | CQS Investment Management.
- The new ETF series seeks to generate income and capital growth by investing primarily in credit-related investments of global issuers.
- The portfolio is managed by a team led by Craig Scordellis, Co-CIO, James Fitzpatrick, Head of Global Loans, and Darren Toner, Senior Portfolio Manager.
- Manulife Investments also reduced management fees for Manulife CQS Multi Asset Credit Fund effective March 11, 2026.
The big picture
Manulife's launch of the Manulife CQS Multi Asset Credit Fund ETF Series underscores the growing demand for income-generating investment products amid volatile market conditions. The move aligns with broader industry trends of asset managers expanding their ETF offerings to provide more flexible and accessible investment options. With a focus on global credit opportunities, including European credit, the new ETF positions Manulife to capitalize on the increasing interest in alternative credit strategies.
What we're watching
- Product Differentiation
- How Manulife's new ETF will compete with existing credit-focused ETFs in the market.
- Fee Sensitivity
- Whether the recent fee reduction will attract more investors to the Manulife CQS Multi Asset Credit Fund.
- Market Volatility
- The pace at which the ETF's flexible, global income approach will navigate uncertain market cycles.