Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Council Of The European Union - Long-Term Investment Funds: Council Confirms Agreement With European Parliament

Date 10/12/2014

The Permanent Representatives Committee approved, on behalf of the Council, a compromise agreed with the European Parliament on a regulation aimed at increasing the pool of capital available for long-term investment into the EU economy by creating a new form of fund vehicle (16386/14). 

These European long-term investment funds (ELTIFs), by virtue of the asset classes that they would be allowed to invest in, are expected to be able to provide investors with long-term, stable returns. 

Click here for full details.