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AIMA welcomes hedge fund verdict
25 February 2010
The Alternative Investment Management Association has welcomed the verdict by the UK's Financial Services Authority that hedge funds do not pose a systemic risk.
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[AIMA]
[FSA]
[hedge funds]
[systemic risk]
The Alternative Investment Management Association, the global hedge fund industry association, has welcomed the hedge fund survey published by the UK's Financial Services Authority which concluded that the industry does not pose a systemic risk and features relatively low levels of leverage.
Andrew Baker, chief executive of AIMA, said: "As the UK is home to 80% of Europe's hedge fund industry, these conclusions from the FSA are also true for the European...
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