Fri, Oct 9, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

AIMA creates forum for smaller managers

Monday, July 18, 2011

Andrew Baker
Opalesque Industry Update - The Alternative Investment Management Association (AIMA), the global hedge fund association, has created the AIMA Smaller Managers' Group.

The members of the group comprise AIMA manager member firms in Europe with $250 million or less in assets under management. The group is expected to meet on a regular basis to discuss issues of common concern including regulatory matters; sound practices; due diligence; interactions with service providers; and business pressures.

The founding AIMA Smaller Managers' Group held its first meeting earlier this month and appointed Jim Kandunias, Principal of Esemplia Emerging Markets, as its Chair.

Andrew Baker, AIMA CEO, said: "It is well documented that smaller managers in general have faced considerable challenges since the financial crisis. But smaller managers are an important source of innovation and fresh ideas. Even today's giants of the industry started out small.

"Smaller managers are very important to AIMA. More than half of our manager members globally have $250m or less in assets under management. The new Smaller Managers' Group will help us to represent their interests in the most relevant and constructive way possible.

"Of course, larger managers are also absolutely vital to the work that we do. They make significant contributions in terms of time and resources to the work of the association, and a considerable amount of the work that we do delivers tangible benefits to them.

"The reality is that all managers, regardless of size, need the proper regulatory and market infrastructure in order to thrive. As the global hedge fund industry association, AIMA will continue to strive to represent the views of all managers and the industry as a whole."

Jim Kandunias said: "Our industry and its future growth depend on a healthy and vibrant group of smaller managers. The establishment of the AIMA Smaller Managers' group is a clear recognition of the importance AIMA places on this. It is both an honor as well as a privilege to be part of this exciting and very important AIMA initiative." Press release: Source

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 - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  2. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  3. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  4. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i

  5. …And Finally - Japanese men want upgrade on their virtual girlfriends[more]

    From Five years after News of the Weird mentioned it, Japan's Love Plus virtual-girlfriend app is more popular than ever, serving a growing segment of the country's lonely males -- those beyond peak marital years and resigned to artificial "relationships." Love Plus models (Rinko