As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 18 hours ago
Sep 26 2012 | 7:47am ET
Global hedge fund organization, the Alternative Investment Management Association, has announced the formation of a new board of directors.
The new non-executive chairman was named by AIMA last week as the former U.S. Securities and Exchange Commissioner Kathleen Casey. She replaces out-going AIMA non-executive chairman Todd Groome, who had been in the role since 2009.
Casey is joined on the new AIMA council by Olwyn Alexander, partner, PwC; Mark O’Sullivan, partner, Ernst & Young; Phil Schmitt, president, Summerwood Capital Corp.; and Henry Smith, global managing partner, Maples and Calder. Those continuing their directorships of AIMA are Andrew Baker, chief executive officer, AIMA; Andrew Bastow, general counsel, director of government and regulatory affairs, Winton Capital; James Dinan, founder, chairman and CEO, York Capital Management; Chris Pearce, Asia COO, Marshall Wace Asia; Paul Sater, partner, Ernst & Young; and Phil Tye, co-founder and managing director, DragonBack Capital.
The retiring slate of directors are Robert De Rito, head of financial risk management, APG Asset Management US; Christopher Fawcett, senior partner, Fauchier Partners; Florence Lombard, CEO, CAIA Association; Sir Paul Ruddock, director and chief executive officer, Lansdowne Partners; and Sean Simon, private investor.
Andrew Baker, AIMA’s CEO, said: “We are delighted to have secured such an outstanding Council, and I would like to thank them all for volunteering their time and expertise to AIMA and the global industry. I would also like to pay tribute to the retiring directors for their contributions and support.”
AIMA has over 1,300 corporate members (with over 6,000 individual contacts) worldwide, based in over 40 countries. The association works to influence policy development and promote education and sound practices in the alternative investment industry.