Alternative Investment Management Association (AIMA) promises active cooperation with policy makers and regulators to facilitate the development of policy and any new supervisory framework for the industry in 2009.
In really challenging time for hedge fund industry Association strives to solve the problems arisen before professionals in employing strategies and navigating through financial turmoil.
“AIMA is working closely with the various national and international bodies that are considering the way forward for the industry, and we believe that AIMA’s active cooperation and leadership will prove helpful for all parties,” says Todd Groome, non-executive chairman, AIMA.
“This is a critical time for the hedge fund industry globally,” says Andrew Baker, CEO, AIMA. “We must be transparent and willing to cooperate with all those who have an interest in what we do and demonstrate to them the value of our industry not only in the narrow realm of financial services but the wider economy too. We do make an important contribution to the global economy and I am glad to say that is recognised by policy makers and regulators around the world.”
AIMA enters 2009 with a restructured executive team, following the appointment of Todd Groome (formerly Advisor, Monetary and Capital Markets Department of the International Monetary Fund) as non-Executive Chairman; Deputy Chief Executive Andrew Baker has been promoted to Chief Executive Officer.
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