The Alternative Investment Management Association (AIMA), the global hedge fund association, has published a French translation of its leaflet on the value of the global hedge fund industry.|
The original English-language version of AIMA’s Global Hedge Fund Industry leaflet, published in March 2011, seeks to explain the social and economic value of hedge funds.
It includes AIMA’s estimate that there are 300,000 people employed directly or indirectly by the hedge fund industry worldwide – the first such statistic of its kind produced. Additionally it sets out to debunk some myths about the industry, such as that the industry is unregulated and wishes to remain that way.
The French version will be distributed to regulators, policymakers and the media in France, Belgium and Switzerland. It was translated by Christian Bartholin, Secretary General of the Paris-based fund of hedge funds firm HDF Finance and a member of AIMA’s EMEA Regional Advisory Council.
AIMA CEO Andrew Baker said: “Since the financial crisis, AIMA has sought to highlight the social and economic benefits of hedge funds to policymakers, regulators and the media – from the generation of jobs and tax revenues to the better risk-adjusted returns created for socially-important investors such as pension funds and university endowments.
“As part of this initiative, we produced a leaflet on the Global Hedge Fund Industry, which I am delighted to say has now been translated into French. Christian Bartholin’s painstaking work will enable the leaflet’s positive message about hedge funds to reach an even wider audience.”
Printed copies or download versions are available from the Aima website: Source