AIMA Says Hedge Fund Managers Well Regulated

Jan 28 2011 | 8:41am ET

Hedge fund managers are ‘rigorously’ regulated, according to the Alternative Investment Management Association, a group representing 1,200 corporate members.

“All the major jurisdictions where hedge fund managers operate—whether in North America, Europe or Asia-Pacific—have rigorous regulation of the industry. And this already rigorous regulation is being increased by new legislation introduced since the crisis—for example the Dodd-Frank Act in the United States, and the Alternative Investment Fund Managers Directive in the European Union,” said Andrew Baker, CEO, AIMA.

AIMA said it was responding to “some recent references to the ‘un-regulated’ financial sector internationally” that “have been interpreted as referring to hedge funds.”

The industry association has supported G20 regulatory initiatives for hedge funds, agreeing that all hedge fund managers should be registered by their national regulators, and that managers should report systemically relevant data to those regulators in the interests of financial stability.
 
“It’s also worth noting that because the G20 has declared that no financial market, participant or instrument should go un-regulated and is delivering on this promise, no major financial services sector globally can remain ‘un-regulated.’”
 


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note