Alternative Investment Management Association Representing alternative asset managers globally
14 June 2006
London, 14 June 2006: The Alternative Investment Management Association (AIMA) - the largest global body representing the hedge fund industry – has approved membership of its 1000th corporate member. Founded in 1990, AIMA has members in 46 countries. This latest addition is DB Absolute Return Strategies in Singapore. DB ARS is the global fiduciary hedge fund management business of Deutsche Bank, one of Europe’s largest financial institutions.
Commenting on reaching the 1,000 membership level, AIMA Chairman, Christopher Fawcett said, “This is a milestone for AIMA and its existing membership. Literally thousands of people have worked with AIMA in the last 15 years to build the Association’s and industry’s reputation. Achieving this level of corporate membership worldwide reinforces AIMA’s position as the leading representative body for the global hedge fund and related industries.”
“Hedge funds have global reach and it is important that they have a management association to back them up. We have developed international relationships with regulators and national legislators and we are able to make this depth of expertise available to our members throughout the world.”
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For further information, please contact Eoin Brophy, Hume Brophy Communications on +353 86 851 5477
1. About AIMA
Founded in 1990, AIMA is a not-for-profit global trade association with corporate membership in 46 countries. AIMA focuses specifically on hedge funds, managed futures and managed currency funds. More than 1000 corporate members (comprising 3500 individuals) enable the Association to create global tools for the benefit of its members, institutional investors and regulators. Its objectives are to increase investor education, transparency and promote due diligence and related sound practices, and to work closely with regulators and interested parties in order to promote the responsible use of alternative investments. AIMA’s membership includes fund of funds managers, institutional investors, hedge fund managers, prime brokers, exchanges, fund administrators, auditors, lawyers and other specialist service providers. Please visit us at www.AIMA.org.