The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Mediolanum International Funds
Dublin-based asset management company, Mediolanum International Funds Limited (MIFL) has launched two new global equity sub-funds under its Best Brands umbrella – World Innovative Leaders and Global Small Cap. 

The funds follow MIFL’s multi-manager approach, combining the expertise of external managers with internal investment capabilities and specialist boutique funds, MIFL said in a statement yesterday.

The launch of these funds comes at a time when global equity markets are being reshaped by economic uncertainty, geopolitical realignment, and evolving supply chains, the firm said.

Mediolanum Best Brands World Innovative Leaders Fund invests in a diversified portfolio of global equities, including exposure to emerging markets. 

The fund is being managed initially by Lazard. Additional managers will be added over time.

Mediolanum Best Brands Global Small Cap Equity Fund is designed to capture the growth potential of smaller companies across developed markets worldwide. It is managed by a selection of specialist boutiques with records in small-cap investing, including US-based managers and others across global developed markets.

This publication has spoken to MIFL about its approach to investing before, for example in the area of sustainability. See here.

Artha Bharat
Artha Bharat Investment Managers, based in India, has launched a long/short hedge fund aimed at India-linked clients.

The new Artha Global Multiplier Fund is designed for non-resident Indians, overseas citizens of India and persons of Indian origin, as well as foreign investors seeking exposure to the US equity market.

The firm said this is one of the first offshore dedicated funds being launched and managed from GIFT City (Gujarat International Finance Tec-City) by any International Financial Services Centres Authority (IFSCA) registered Fund Management Entity, according to a statement from Artha.

Artha is backed by fund managers Sachin Sawrikar and Nachiketa Sawrikar.

“This fund empowers global Indians to invest in the world’s largest and most dynamic equity market – the United States – through a diversified, professionally managed strategy,” Sawrikar, managing partner, said. 

The fund invests in liquid US equities, event-driven strategies, and derivatives. It focuses on six major US market themes: Technology and retail; consumer staples and discretionary; artificial intelligence and innovation; financial services; healthcare and biotechnology; and renewables and clean energy. The fund, which employs leverage from 50 to 150 per cent, is aimed at sophisticated, not retail clients.