AIMA

The Alternative Investment Management Association

Alternative Investment Management Association Representing the global hedge fund industry

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The Case for Hedge Funds

Introduction

Jack Inglis

By Jack Inglis, CEO, AIMA

Ever since the onset of the financial crisis, AIMA has worked tirelessly to demonstrate the case for hedge funds to policymakers, regulators, investors and the media. We have now pulled these various arguments and pieces of research together into a major compendium of our work, which we have called “The Case for Hedge Funds: AIMA’s Post-Crisis Thought Leadership”.

It summarises the themes that AIMA has explored since 2008 as it has sought to demonstrate the value of the world’s hedge fund industry to investors, financial markets and the broader economy.

It includes excerpts from AIMA’s key research papers, including:

  • The “Roadmap to Hedge Funds”, the first guide about hedge funds to be produced collaboratively by the industry and investors;
  • “The Cost of Compliance”, a global survey of managers that revealed the significant investments they are making in order to comply with the new regulatory requirements;
  • “Beyond 60/40”, which demonstrated the different roles that hedge funds play in institutional investors’ portfolios; and
  • “Apples and Apples”, an educational guide to understanding hedge fund performance.

There are also extracts from many of AIMA’s white papers and articles on a range of topics including the industry’s social utility, the impact of institutionalisation, shadow banking, short selling and the industry’s reputation. AIMA is also well known for its comprehensive range of tools and guidance for members like our due diligence questionnaires and our suite of sound practice guides, which are available for members on the website.

The work of demonstrating the value of the industry, of course, continues.

We have more research in the pipeline which will enable us to continue to demonstrate the value of the hedge fund industry to the broader economy.

AIMA will continue to make the case for hedge funds.

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      3. The Evolution of an Industry: KPMG/AIMA Global Hedge Fund Survey
      4. Contributing to Communities: A global review of charitable and philanthropic activities by the hedge fund industry
      5. Beyond 60-40: The evolving role of hedge funds in institutional investor portfolios
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      7. Capital Markets and Economic Growth: Long-term trends and policy challenges
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