Mediolanum International Funds Limited, the Irish management company of the Mediolanum Banking Group, has launched a new Thematic global equities fund – Mediolanum Innovative Thematic Opportunities – as part of its Best Brands umbrella fund offering.
The objective of the fund is to achieve long term capital appreciation through global exposure to a diversified portfolio of equity securities, including emerging markets, while applying a sustainable mindset.
Mediolanum Asset Management (MAML) is the Investment Manager of the fund and its Manager Research team has selected Robeco, a pioneer in thematic investing, as the delegated portfolio manager.
Robeco has responsibility for generating alpha through active security selection and asset allocation on a thematic basis, while the role of MAML is to ensure that the product structure, strategy and outcome remain aligned with clients’ expectations. This is achieved by evolving the product strategy responsive to market conditions and the addition of new managers when appropriate. The fund is overseen by MAML’s Brian O’Rourke, Head of Investment Partnerships, and Tommaso Tabacchi, Portfolio Manager.
The fund invests in companies which follow four main long secular growth trends as key performance drivers including, The Digital World, Emerging Middle Class, Industrial Renaissance and Getting Older & Staying Healthy. The fund also takes an unconstrained approach to sectors and regions and looks at macro and structural changes in overarching trends, including the progress in technology and innovation, demographic and consumer preferences changes, urbanisation and challenges caused by climate change.
The fund is being distributed to investors, through Mediolanum Banking Group Family Bankers, a professional network of financial planners across Italy, Germany and Spain
Furio Pietribiasi, Managing Director of Mediolanum Asset Management, adds: “Our objective is to continuously provide our clients with optimal solutions and diversified portfolios that capture the best sustainable returns opportunities.
“This launch consolidates our Best Brand offering and demonstrates our commitment to staying ahead of the curve. Our established Investment Process and our experienced investment team, led by Christophe Jaubert (pictured), are widely recognised by the industry for their expertise and outstanding track record when it comes to selecting and combining the best managers. Our new Thematic investing offer seeks to identify the underlying growth drivers before they become lasting structural changes and disrupt our economies and societies in the next decade.”
“We are also delighted to partner with Robeco, a true pioneer of thematic investing, and with a strong reputation in the ESG and sustainable investing space.”
The fund invests in a global equity universe of approximately 3,000 names, focusing primarily on a maximum of 70 companies with a proven record of high returns on invested capital. The minimum investment in the sub-fund is EUR5,000.
The fund is powered by Med³, Mediolanum Asset Management’s proprietary investment process, specifically designed to manage retail investment solutions. The fund is part of Mediolanum Best Brands offering, a UCITS compliant umbrella registered in Dublin.
