New financial products

European security, Sella Sgr is considering the launch of a specialised fund

This was announced by CEO Mario Romano. The fund will also focus on technological and traditional infrastructure

Adobestock

2' min read

2' min read

"We are evaluating the opportunity to launch a specialised fund on infrastructure and security, two relevant themes in line with European investment plans," explains Sella Sgr's CEO, Mario Romano. "A fund that could invest in bonds and shares of companies active in traditional infrastructure and technological innovation sectors such as data centres, digital, energy, and security such as cybersecurity and aerospace control systems.

Romano's announcement is important because it highlights the interest also of Italian management companies in a sector, such as security, that will have great development in Italy and Europe after what has been decided at Nato country level.

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Excluding anti-personnel mines

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The portfolio of the new fund will certainly not include securities of companies that produce or distribute anti-personnel mines or cluster bombs. 'Of course, we are aligned to Law 220 of 2021,' Romano emphasises. 'We absolutely exclude companies that produce anti-personnel mines and cluster bombs. The exclusion is based on Msci's black list'.

Sustainable Commitment

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Alongside the new financial instruments on the launch pad, there are also funds that are already 10 years old at Sella Sgr. This is the case of the balanced impact fund 'Sustainable Investments'. This year the management company published the tenth edition of the impact report.

'Sustainable Investments started in 1999 as an ethical fund,' Romano recalls, 'but became an impact fund in 2015.

Goals scored

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In its 10 years as an impact fund, Sustainable Investments has achieved a number of important targets as set out in the UN Agenda, which includes the 17 sustainable goals to be achieved by 2030.

In the context of goal number 7 (Clean and Affordable Energy), it is reported that the fund through its investments over the 10-year period helped to produce 440 thousand Mhw (megawatt hours). Over the same period, Sella's impact fund has also enabled 580 thousand people to access health care and created 575 jobs in addition to avoiding 18 thousand tonnes of waste. Among the companies in the portfolio are Mondelez, which has made the cocoa chain sustainable, and Schneider Electric, which has enabled, among other things, energy access for Asian farmers.

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