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AIMA appoints Ivy Asset Management Co-President and MFA Board of Director as new US Council Member The Alternative Investment Management Association (AIMA) - the global hedge fund and alternative investment industry body - has appointed Sean Simon of Ivy Asset Management as the new AIMA Council representative of its US members and as a member of the AIMA Board of Directors.

Since January 2006 Mr Simon has been Co-President of Ivy Asset Management, one of America’s leading alternative investment funds of funds managers with in excess of $15bn assets under management. He is responsible for the firm’s strategic planning and the management of its overall business. Mr Simon also serves on the firm’s Investment Committee as an advisory member. As a member of the Managed Funds Association’s (MFA) Board of Directors, Mr Simon’s presence on both governing bodies will complement greatly the newly-announced collaboration between the two associations…

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Canadian regulators approve RS rules respecting “off-marketplace” trades From InvestmentExecutive.com: Canada’s securities regulators are adopting rule changes in an effort to accommodate the emerging multi-market environment. They have approved proposed revisions to the trading rules regarding “off-marketplace” trades, and are seeking comment on interim amendments to the best-price obligations.

According to a notice p......................

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