AIMA, the global hedge fund industry trade association, has
issued a statement in response to today’s
agreement by the ECOFIN council of European finance ministers
of the text of the highly controversial Alternative Investment
Fund Managers Directive.
"AIMA, as the global hedge fund association, has engaged
intensively and constructively with European and international
policymakers on the Alternative Investment Fund
Managers’ Directive since the original draft was
published by the European Commission in spring 2009," said AIMA
CEO Andrew Baker.