Sat, Apr 29, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

AIMA supports G20 finance ministers' call for 'consistent and coordinated' approach to hedge fund oversight

Monday, April 26, 2010
Opalesque Industry Updates - “Understandably, and as expected, the G20 Finance Ministers meeting communiqué focused primarily on bank regulatory reform and issues concerning systemically important institutions. We were pleased to see the G20 finance officials call again for a "consistent and coordinated" approach to the oversight of hedge funds. For a global industry, this is important, and is supportive of the goals set by global leaders. While hedge funds are not themselves systemically important institutions, they can help to provide systemically relevant data reporting in the interests of financial stability.

As concerns the AIFMD, we hope EU policymakers will take note of the G20’s call for a "consistent and coordinated" approach and seek to work more closely with the authorities in the jurisdictions where the overwhelming majority of hedge fund managers are located and the greatest supervisory experience exists, and thereby look to create a well balanced and consistent regulatory framework for hedge funds and other alternative investment vehicles, without establishing unnecessary barriers to free and open markets, and investor choice.” - Todd Groome, Chairman, AIMA. Press release: Source

- 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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  3. Gondor Capital sees challenges ahead for financial markets as two hedge funds post strong gains in Q1[more]

    Komfie Manalo, Opalesque Asia: Vincent Au, portfolio manager of New York-based hedge fund firm Gondor Capital Management believes that the remaining of the year would be challenging for the financial markets even as his two hedge funds maintain

  4. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob

  5. Regulatory - 'Fist bumps' at hedge funds over Trump's tax plan[more]

    From Reuters.com: U.S. hedge fund managers began warming to President Donald Trump soon after his surprise election ignited a powerful stock market rally. Now, his dramatic tax cut plans give them even more reasons to cheer. Trump, looking to make good on pledges for sweeping tax reform, on Wednesda