Aima Responds to Iosco Valuation Principles

HedgeCo.net – The Alternative Investment Management Association (“AIMA”), the leading global hedge fund and alternative investment industry association, has issued its response to the International Organization of Securities Commissions (“IOSCO”) on its ‘Consultation Report on the Principles for the Valuation of Hedge Fund Portfolios’.

This follows AIMA’s publication of its Guide to Sound Practices for Hedge Fund Valuation in March 2007 – which issued 15 recommendations on valuation. AIMA is pleased to acknowledge that the IOSCO document has accurately captured all key issues raised in AIMA’s Guide.

AIMA registers its view that, given the nature of the subject and the significant progress already made by the industry – and noting that ‘no one size fits all’ -regulation would neither be appropriate nor helpful.

Emma Mugridge, Director of AIMA said: “The industry has worked diligently during the last four years to analyse valuation issues. AIMA will continue to work closely alongside IOSCO and other regulatory bodies worldwide on valuation and other issues as the hedge fund industry continues to evolve”.

HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in HedgeCo News. Bookmark the permalink.

Comments are closed.