AIMA: Hedge Funds Scapegoats For Market ‘Irregularities’

Apr 8 2008 | 9:55am ET

Hedge funds, specifically short sellers, are facing a renewed wave of criticism from the media, according to one hedge fund group.

The London-based Alternative investment Management Association, which this week announced plans to work more closely with the U.S.’s largest hedge fund lobby, the Managed Funds Association, says that the hedge fund industry is being criticized for doing what it’s supposed to during extreme market volatility and falling asset prices: delivering absolute returns to their investors. Specifically, AIMA believes that funds employing short-selling strategies are being singled out for “unwarranted criticism” by the media
“Disappointingly, hedge funds are often made the focus of media attention when any suspicions of market irregularities arise,” Florence Lombard, chief executive of AIMA, said. “It is vital that the legitimate shorting of assets should not be confused with alleged market abuse by, as yet, unidentified players in the market…. However, around the world we are seeing hedge funds erroneously being represented in the media as being the focal point for any such investigation. We encourage more balanced reporting going forward.”

In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...


FINalternatives Trending

From the current issue of