Mediolanum International Funds has launched two actively managed multi-manager funds, with both funds listed as Article 9 under the EU’s Sustainable Finance Disclosure Regulation (SFDR).
The Mediolanum Green Building Evolution fund is designed as an equity fund that aims to achieve long-term capital appreciation by investing in companies that contribute to a sustainable transition in the building sector.
Construction has a huge impact on CO2 emissions, accounting for almost 40% of global emissions related to energy use. Therefore, the fund is expected to invest in a mix of companies within the climate-neutral green building sector, including those involved in commercial and industrial property ownership; the development, management and advancement of green building technologies; and those involved in chain of construction activities.
The fund will be managed by David Whitehead, equity portfolio manager at MIFL, while also delegated to Schroders and Robeco as part of their multi-manager approach.
Meanwhile, the Mediolanum Global Sustainable Bond fund is a fixed-income fund that aims to achieve long-term capital appreciation through sustainable investment, designed to help clients achieve their investment goals while reflecting their values.
The fund will seek to benefit from the higher yield levels that are now available in the market, investing in Green, Social and Sustainability (GSS) bonds – bonds that fund projects related to the environment and/or support social initiatives such as the creation of affordable housing.
It will initially be managed by Calvert Research & Management – part of Morgan Stanley – alongside Dermott Aspell, fixed income portfolio manager at MIFL.
Announcing the launches, Luca Matassino, chief business officer at MIFL (pictured), said: “At MIFL, we constantly look for investments that represent long-lasting opportunities and can generate significant value for our investors in the long term. Among these, we believe that sustainable real estate and sustainable bonds globally are good examples. These new fund launches expand our clients’ access to additional investment themes, combining financial returns while valuing sustainability.
“Both funds are Article 9 funds, which emphasises our efforts in supporting sustainability while focusing on clients’ outcomes benefiting from the extraordinary historical change expected in the next 10 to 30 years.”
