As part of this series, we asked Salvatore Sberna, head of alternative investments and conducting officer at Azimut Investments, about how Eltif 2.0 would impact Luxembourg, in particular in terms of sustainability. Sberna told Delano:

“Eltif 2.0 extends the scope of eligible assets by including EU green bonds, clarifying that an Eltif is subject to Sustainable Finance Disclosure Regulation requirements and providing a clause that examines an Eltif’s contribution to the EU Commission’s Green Deal. Furthermore, the new regulation emphasises the importance of funding the climate transition of the European economy, making it necessary to increase the accessibility of ESG data (through the European Single Access Point project) and the regulation and supervision of data provider (yet to be proposed).”

“For Eltif funds managed by Azimut Investments S.A., one of the most important foreseeable impacts is the possibility of investing in a broader spectrum of asset classes. From a regulatory and strictly operating point of view, we don’t foresee any significant impact so far.”

.