LONDON, 1st February 2006 – The Alternative Investment Management Association (\u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153AIMA\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2) – the leading global hedge fund and alternative investment industry association \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 has greeted warmly the European Commission\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s announcement of its Expert Group on Alternative Investment Funds. The Commission yesterday revealed the make-up of two expert groups that will help examine how the framework for investment funds in the EU can be improved.<\/p>\n
The 15-strong Expert Group on Alternative Investment Funds was selected on the basis of nominations received from 13 European-level associations, including AIMA. The Commission called on European trade associations to nominate candidates in December 2005, following the publication of their Green Paper on investment funds.<\/p>\n
AIMA recognises the growing regulatory and business interest in the development of hedge fund distribution across European borders. AIMA has a strong regulatory role to play on behalf of the hedge fund industry and has a stated objective to work closely with global Regulators to achieve that aim.<\/p>\n
Florence Lombard, Executive Director of AIMA commented: \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cWe firmly believe that the European Commission has recognised the crucial role that the hedge fund community at large has to play in the ongoing debate on investment funds.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<\/p>\n
\u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cThe Expert Group on Alternative Funds provides not only a potent blend of industry expertise and geographical location, but it also demonstrates the willingness of the European Commission to call upon key industry stakeholders.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<\/p>\n
The expert group will meet a number of times until June 2006, when they will produce a report on their findings. This report will also be discussed with regulatory bodies and other stakeholders.<\/p>\n
These results will then become part of the European Commission\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s White Paper on investments funds which is scheduled for publication in October 2006.<\/p>\n","protected":false},"excerpt":{"rendered":"
LONDON, 1st February 2006 – The Alternative Investment Management Association (\u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153AIMA\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2) – the leading global hedge fund and alternative investment industry association \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 has greeted warmly the European Commission\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s announcement of its Expert Group on Alternative Investment Funds. The Commission […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3933","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3933","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3933"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3933\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}