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Todd Groome Benedicte Gravrand, Opalesque Geneva:

Todd Groome can boast more than 25 years of experience in international finance, six of which at the International Monetary Fund (IMF). As the U.S.-based Chairman of the Alternative Investment Management Association (AIMA) since Jan.09, he works closely with CEO Andrew Baker on regulatory issues and industry initiatives.

He recently told Greg Despoelberch during a Opalesque TV interview that AIMA came out with its own policy platform in Feb.09 – not long after the G20 set the regulatory roadmap in Washington in Nov.08 – which supported mandatory registration of managers in the countries they operate and periodic reporting of systemically relevant information – although, he added, there aren’t any systemically important hedge funds, but it’s important to share information "as long as [it] was useful and the cost and benefit analysis was appropriate." AIMA also supported the private reporting of short-selling information (but not the public reporting) and the convergence of industry standards between the U.S. and the UK.

Supporting small managers Another subject the association has always supported is smaller managers – as, for example, the same rules cannot apply to very big and very small managers for two main reasons: the first is that some information is more easily obtained from bigger managers.

"I testified ......................

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