Thu, Sep 1, 2016
A A A
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
km

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. The Big Picture: Water is single largest environmental investment opportunity[more]

    Benedicte Gravrand, Opalesque Geneva: Water, the world’s most precious and undervalued commodity, is set to lead the socially and environmentally responsible investment themes. This is according to specialist fund manager Thomas Schumann. His firm,

  2. Commodities - Hedge funds pile into bullish bets on U.S. crude by most on record, Rig count steady, hedge funds dump short contracts on 63 million barrels, Hedge funds bail on Copper as Goldman predicts ‘supply storm’, Hedge funds pile up bets against sterling[more]

    Hedge funds pile into bullish bets on U.S. crude by most on record From BRecorder.com: Hedge funds and other speculators raised their bullish bets on US crude oil in the past week by the most on record fuelled by speculation that Organization of the Petroleum Exporting Countries will agr

  3. Investing - U.S. hedge fund Marathon makes Brexit bet on European property, Hedge funds love Liberty and John Malone, DE Shaw could bid for control over TerraForm Power, New York hedge fund increases stake in Tronc as sale talks continue, Don't wait too long to check this +20% value fund's ideas[more]

    U.S. hedge fund Marathon makes Brexit bet on European property From FT.com: Marathon, a $13bn US hedge fund, is building a big Brexit trade, increasing its investments in property across Ireland, France, Germany and the Netherlands, in a bet that they will be among the big beneficiaries

  4. Investing - Hedge funds express interest in acquiring Terraform's class B shares, REIFs: A new opportunity for foreign real estate investors, $21bn distressed expert hedge fund likes these 4 ideas, This merger arbitrage ETF is drawing increased interest, Investors look to emerging Asia for returns[more]

    Hedge funds express interest in acquiring Terraform's class B shares From Thecountrycaller.com: The US residential solar provider, Sunedison Inc. has received a bid from hedge fund manager D.E Shaw & Co LP for controlling a stake in its Yieldco TerraForm Power Inc. According to Reuters,

  5. Opalesque Exclusive: Investors struggle to identify the better performing hedge funds[more]

    Komfie Manalo, Opalesque Asia: Fund managers and investors believe that performance is one of the major factors driving change in the hedge fund industry, a Preqin survey showed in its latest Hedge Fund Spotlight. Preqin said that the disappoin