UK-listed investments and savings group M&G could launch active ETFs in Europe, as fund houses race to tap one of the market’s fastest growing segments.

“There’s an opportunity at the moment with active ETFs,” Fabiana Fedeli, chief investment officer for equities, multi-asset and sustainability at M&G Investments, told Financial News. “We’re taking the opportunity very seriously. We want to make sure we give the right support to any plan.”