Wed, Nov 25, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

AIMA: Global hedge fund industry is not 'un-regulated'

Friday, January 28, 2011
Opalesque Industry Update - The global hedge fund industry is not ‘un-regulated’ or lightly-regulated. Hedge fund managers are already rigorously regulated in all the main jurisdictions in which they operate, and significant new regulation is being introduced internationally.

That’s according to the Alternative Investment Management Association (AIMA), the global hedge fund association, which has supported G20 regulatory initiatives for hedge funds. G20 leaders agreed in 2009 that all hedge fund managers should be registered by their national regulators, and that managers should report systemically relevant data to those regulators in the interests of financial stability.

“All the major jurisdictions where hedge fund managers operate - whether in North America, Europe or Asia-Pacific - have rigorous regulation of the industry. And this already rigorous regulation is being increased by new legislation introduced since the crisis – for example the Dodd-Frank Act in the United States, and the Alternative Investment Fund Managers Directive in the European Union,” said Andrew Baker, CEO, AIMA.

“Some recent references to the ‘un-regulated’ financial sector internationally have been interpreted as referring to hedge funds. Given that it would be completely mistaken to call the global hedge fund industry ‘un-regulated’, this interpretation is presumably inaccurate.”

“It’s also worth noting that because the G20 has declared that no financial market, participant or instrument should go un-regulated and is delivering on this promise, no major financial services sector globally can remain ‘un-regulated’”.

(press release)

About AIMA
As the global hedge fund association, the Alternative Investment Management Association (AIMA) has over 1,200 corporate members (with over 5,000 individual contacts) worldwide, based in over 40 countries. Members include hedge fund managers, fund of hedge funds managers, prime brokers, legal and accounting firms, investors, fund administrators and independent fund directors. They all benefit from AIMA’s active influence in policy development, its leadership in industry initiatives, including education and sound practice manuals and its excellent reputation with regulators worldwide. AIMA is a dynamic organisation that reflects its members’ interests and provides them with a vibrant global network. AIMA is committed to developing industry skills and education standards and is a co-founder of the Chartered Alternative Investment Analyst designation (CAIA) – the industry’s first and only specialised educational standard for alternative investment specialists. For further information, please visit AIMA’s website,

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - BlackRock targets ETF investors with flexible currency hedging, Nelson Peltz bets on General Electric Company and Mondelez International, Apple plummets to 4th place among hedge holdings, from No. 1, Top Q3 equity purchases and sales of top 50 hedge funds[more]

    BlackRock targets ETF investors with flexible currency hedging From BlackRock Inc., the world’s largest asset manager, is changing course on exchange-traded funds that protect against currency volatility. After stressing the easy switch between hedged and unhedged ET

  2. Chicago-based Achievement A. M. is shutting down hedge fund following losses[more]

    Komfie Manalo, Opalesque Asia for New Managers: Achievement Asset Management, a Chicago-based hedge fund firm, has announced it is closing down its hedge fund operation following losses on energy market bets this ye

  3. Lyxor Hedge Fund Index up 0.1% (+0.4% YTD) as global macro and CTAs outperform[more]

    Komfie Manalo, Opalesque Asia for New Managers: Global macro and CTAs outperformed the hedge fund space and delivered positive returns last week amidst difficult market conditions, with the Lyxor Hedge Fund Index up

  4. BlackRock is shutting down its Global Ascent macro fund[more]

    Komfie Manalo, Opalesque Asia: BlackRock, the world’s largest asset manager, has announced plans to shut down a macro fund, Global Ascent Fund, because of "headwinds facing the industry". The hedge fund, which makes bets on stock, bond and currency markets, will return money to investors. Ac

  5. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the