With 492 votes in favour, 109 against and 27 abstentions, the European Parliament validated in plenary session on Wednesday 15 February the interinstitutional agreement reached in October 2022 on the European Long-Term Investment Funds (ELTIF) (see EUROPE B13047A20). However, the Greens/EFA and The Left Groups were overwhelmingly opposed.
“We are now hearing from EU asset managers and investor representatives that there’s much appetite for new ELTIF. As a result, this funds’ segment...