Mediolanum International Funds has launched a Global Impact fund, which will be managed by Baillie Gifford and Federated Hermes, to add to its Best Brands range of funds.
The European asset management platform of Mediolanum Banking Group said the fund's objective is to achieve long-term capital growth by investing in companies whose products and services are providing solutions to "global challenges". The new fund will invest in a diversified portfolio of global equity securities through an active multi-manager approach. Man Group's Keane joins Mediolanum as product development head Mediolanum International Funds said that both Baillie Gifford and Federated Hermes have been "widely acknowledged for their expertise in the impact investing arena" and ...
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