Edinburgh-based investment group Baillie Gifford, which has assets under management of around $260 billion, has announced the launch of its first actively managed Exchange-Traded Fund (ETF) suite in the United States.

The suite will debut with four actively managed equity ETFs, including two converted from existing mutual funds, built on Baillie Gifford’s established growth strategies and fundamental research.

“This move marks an important step in the firm’s continued U.S. expansion, where it manages over $100 billion – approximately 40% of total client assets – in public and private equities, including emerging markets, international, and global growth,” said the Edinburgh firm.

Baillie Gifford’s initial ETF lineup includes the Emerging Markets ETF (Ticker: BGEG), the International Concentrated Growth ETF (Ticker: BGCG) converted from existing mutual fund, the International Alpha ETF (Ticker: BGIA) and the Long Term Global Growth ETF (Ticker: BGGG) converted from existing mutual fund

“Active ETFs are growing rapidly, but genuinely differentiated, long-term growth offerings remain scarce in an ETF wrapper – particularly in emerging markets and international equities, where there are only 24 out of thousands of ETFs,” said Joe Stellato, Head of U.S. Wealth at Baillie Gifford.

“That’s why now is the right time to bring our growth investment approach to ETFs. We see a clear need to fill that gap while continuing to build our U.S. presence and demonstrate our commitment to being a true partner to our wealth clients.”