{"id":22772,"date":"2011-05-31T07:50:53","date_gmt":"2011-05-31T11:50:53","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=22772"},"modified":"2011-05-31T07:55:39","modified_gmt":"2011-05-31T11:55:39","slug":"aima-guide-institutional-investors%e2%80%99-views-regarding-hedge-fund-operational-infrastructures","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2011\/aima-guide-institutional-investors%e2%80%99-views-regarding-hedge-fund-operational-infrastructures.html","title":{"rendered":"AIMA Guide: Institutional Investors and Hedge Fund Operational Infrastructures"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/groome-todd1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-22783\" title=\"groome-todd\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/groome-todd1.jpg\" alt=\"\" width=\"170\" height=\"170\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/groome-todd1.jpg 170w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/groome-todd1-150x150.jpg 150w\" sizes=\"auto, (max-width: 170px) 100vw, 170px\" \/><\/a>New York (HedgeCo.net) -The Alternative Investment Management Association (AIMA), the global hedge fund association, has <a href=\"http:\/\/www.aima.org\/en\/document-summary\/index.cfm\/docid\/CF822EF3-CB7A-4B13-81A7949E4C97C0AA\" target=\"_blank\">published<\/a> a guide for investors and managers, written by members of AIMA\u2019s Investor Steering Committee (ISC).<\/p>\n<p>&#8220;In light of the ongoing \u2018institutionalisation\u2019 of the hedge fund industry and the growth of Institutional Investor participation, we hope that this paper, authored by some of the most influential investors and advisors in the industry, will be a useful reference guide to both investment managers and investors in hedge funds.&#8221; AIMA Chairman Todd Groome said.<\/p>\n<p>The authors of the guide are Kurt Silberstein (CalPERS), Luke Dixon (USS), Michelle McGregor Smith (BA Pension Investment Management), Andrea Gentilini (UBP), and Adrian Sales (Albourne Parners). AIMA\u2019s ISC is jointly chaired by current AIMA Chairman Todd Groome and former AIMA Chairman Christopher Fawcett of Fauchier Partners.<\/p>\n<p>The paper, entitled A Guide To Institutional Investors\u2019 Views And Preferences Regarding Hedge Fund Operational Infrastructures, begins with a discussion of \u201cGovernance\u201d, authored by Luke Dixon of Universities Superannuation Scheme (USS), which outlines the fundamental importance of good governance, key constitutional documents and the role of boards of directors.<\/p>\n<p>The second section focuses on \u201cRisk\u201d and is authored by Andrea Gentilini from Union Bancaire Privee (UBP). It focuses on a variety of reporting practices concerning the investment portfolio, operations, counterparties and liquidity.<\/p>\n<p>The third section, covering \u201cInvestments\u201d, is authored by Kurt Silberstein of the California Public Employees Retirement Scheme (CalPERS) and discusses performance reporting, terms and conditions, control of assets, and transparency.<\/p>\n<p>The fourth section addresses \u201cCapital\u201d and is authored by Michelle McGregor Smith of British Airways Pension Investment Management. It discusses issues related to a firm\u2019s ownership structure, investor relations, and related sales and marketing activities.<\/p>\n<p>Finally, the fifth section, \u201cOperations\u201d, authored by Adrian Sales of Albourne Partners, focuses on a variety of operational issues, including valuation, business continuity planning, compliance and relationships with service providers.<\/p>\n<p>Editing by Alex Akesson<br \/>\nFor <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) -The Alternative Investment Management Association (AIMA), the global hedge fund association, has published a guide for investors and managers, written by members of AIMA\u2019s Investor Steering Committee (ISC). &#8220;In light of the ongoing \u2018institutionalisation\u2019 of the hedge [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[919,3],"tags":[],"class_list":["post-22772","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-research","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=22772"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22772\/revisions"}],"predecessor-version":[{"id":22787,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22772\/revisions\/22787"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=22772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=22772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=22772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}