EFAMA urges regulator to make ELTIFs more attractive to investors

The European Fund and Asset Management Association (EFAMA) today shared its recommendations to the European Commission on measures to be taken to improve the European Long-Term Investment Fund (ELTIF) regime. Very few ELTIFs were launched by professional investment managers since the Regulation became applicable in December 2015. EFAMA pointed out today that only around 28 ELTIFs have been established, with a low asset base (below 2 billion euros). From that perspective, the ELTIF Regulation has failed to meet its objective of boosting European long-term investments in the real econom...