Benedicte Gravrand, Opalesque Geneva:
The Alternative Investment Management Association (AIMA), the global hedge fund association, opened an office in New York City; this is the Associationís first ever office in the United States.
"Its opening will enable us to better service our growing US membership, organise more events in the US and establish local working groups to consider regulatory and policy developments," Christen Thomson, Director of Communications told Opalesque.
The office is in Midtown Manhattan on Madison Avenue between East 56th Street and East 57th Street. It is managed by Katherine Wilberton, Vice President, who previously spent five years with Schroders.
AIMAís headquarters are in London and the Association also has offices in Canada, the Caymans, Australia, Hong Kong, Japan and Singapore.
Most recently, AIMA, together with audit firm KPMG, commissioned a new study called The Value of the Hedge Fund Industry to Investors, Markets and the Broader Economy. This study, conducted by The Centre for Hedge Fund Research at Imperial College in London, found that hedge funds significantly outperformed traditional asset classes such as equities, bonds and commodities over the last 17 years (see Opalesque article). AIMA also last month ......................
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