MFA issued the following statement on the Council of the European Union’s approval of the AIFMD agreement:

“MFA commends the Council of the European Union for its approval of the AIFMD agreement. This agreement guarantees EU investors have access to global expertise and European businesses have access to capital needed to expand, hire, and invest in research and development.

AIFMD supports EU economic growth by ensuring that alternative asset managers and alternative investments can continue to play an essential role in EU capital markets and the portfolios of EU institutional investors, including pension funds.

The agreement allows for a more integrated, competitive, and efficient Capital Markets Union for the benefit of the EU economy and investors.” — MFA President and CEO Bryan Corbett

Source: MFA