Mon, Sep 1, 2014
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest