Mediolanum International Funds has launched two ESG funds run by Schroders, KBIGI and Pictet.

Mediolanum Best Brands Multi-Asset ESG Selection is a multi-asset solution run by Schroders. It will be managed by senior multi-asset portfolio manager Joseph Murphy.

The Mediolanum Best Brands Energy Transition is a thematic global equity fund that invests in companies operating in the energy sector, companies that are instrumental to, and will benefit from, the transition to a more sustainable economy. The fund will be initially delegated to Schroders, KBIGI and Pictet, and be managed by equity portfolio manager David Whitehead.

CIO Christophe Jaubert said: “Retail investors across Europe are looking for solutions that enable them to harness new great investment opportunities while contributing to build a more sustainable world, both financially and environmentally.

“As this longer-term societal and economical shift continues, the opportunities across all sectors and asset classes will be growing.”