BlackRock and Mediolanum International Funds (MIFL) have both launched sustainable-oriented funds this week.
BlackRock has launched its Global Funds Brown to Green Materials portfolio, which will invest at least 80% of its total assets in the equity securities of companies globally that directly contribute to the transitioning materials theme.
Olivia Markham, a portfolio manager at BlackRock, explained the fund’s transitioning materials themes covered the need for materials for lower-carbon technologies and the need for materials companies to reduce their own emissions intensity.
‘Value-creation opportunities’
“A low carbon transition sees the global economy moving from an energy system that is fossil fuel and carbon-intensive to one where the critical inputs are materials and metals,” she added. “Following a period in which producers’ capital discipline has led to supply constraints, this is an exciting structural demand story we expect to lead to significant value-creation opportunities for investors.”
Elsewhere, MIFL has launched three new offerings, including the Article 9 fund Mediolanum Best Brands Future Sustainable Nutrition, which will look to invest in companies that contribute to a more sustainable nutrition value chain.
The company has also launched Mediolanum Best Brands Global Equity Styles Selection, which will focus on growth, quality and value investment styles, and Mediolanum Best Brands India Opportunities, which will target the fast-growing Indian economy.
