The Alternative Investment Management Association
Alternative Investment Management Association
19 November 2010
The Alternative Investment Management Association (AIMA) – the global hedge fund industry association – has launched a Chinese translation of the first global hedge fund guide for institutional investors.
The Chinese version of AIMA’s Roadmap to Hedge Funds was launched in Shanghai by the Chairman of AIMA Hong Kong and China, Christophe Lee. The Roadmap was originally authored by Alexander Ineichen (of Ineichen Research & Management, formerly with UBS) and Kurt Silberstein of the California Public Employees’ Retirement Systems (“CalPERS”) on behalf of AIMA’s Investor Steering Committee. It was developed in association with the Chartered Alternative Investment Analyst Association (CAIA).
The Roadmap has now been translated into Chinese with the aim of helping to inform the investment community in China on the function and benefits of hedge funds in a diversified investment portfolio. It commences with a foreword by Ms. Alexa Lam, Deputy Chief Executive Officer and Executive Director for Policy, China and Investment Products of the Securities and Futures Commission (SFC) of Hong Kong, who has been promoting cooperation in financial strategies between China and Hong Kong.
Christophe Lee, Chairman for AIMA Hong Kong and China, said, “The Roadmap is a practical guide written in a simple style avoiding jargon and we are delighted that we can now offer it in Chinese. We want to ensure that relevant and easy-to-use educational materials are readily available in China too, to help regulators and the investment community understand the sector, dispelling the misconceptions that typically arise as a new industry develops. We are sure that the translated Roadmap will act as a useful guide and AIMA and our members will continue to be available to support the ongoing educational efforts in China.”
The Roadmap includes a definition of a hedge fund, information on historical growth and performance of hedge funds around the world, a breakdown of the various strategies used by managers and where the managers are located. It addresses the many myths which exist about hedge funds, aiming at demystifying the sector for new investors. Finally it goes into detail of how to build a hedge fund programme, including details of the various different strategies available.
AIMA is the global body representing the industry and has been promoting education and sound practices globally for 20 years. AIMA celebrated its 10th anniversary last year in Hong Kong where the Hong Kong and China branch has been operating since the very early development of the industry there.
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For media enquiries, please contact Christen Thomson, AIMA’s Director of Communications. Tel: +44 (0)20 7822 8380
Email: cthomson@aima.org
The Roadmap to Hedge Funds:
The original Roadmap to Hedge Funds can be downloaded at:
http://www.aima.org/en/knowledge_centre/education/aimas-roadmap-to-hedge-funds.cfm
About AIMA
As the only truly representative global hedge fund association, AIMA, the Alternative Investment Management Association, has 1,200 corporate members (with 5,000 individual contacts) worldwide, based in over 40 countries.
Members include leading hedge fund managers, fund of hedge funds managers, prime brokers, legal and accounting firms, investors, fund administrators and independent fund directors. They all benefit from AIMA’s active influence in policy development, its leadership in industry initiatives, including education and sound practice manuals and its excellent reputation with regulators worldwide.
AIMA is a dynamic organisation that reflects its members’ interests and provides them with a vibrant global network. AIMA is committed to developing industry skills and education standards and is a co-founder of the Chartered Alternative Investment Analyst (CAIA) designation – the industry’s first and only specialised educational standard for alternative investment specialists. For further information, please visit AIMA’s website, www.aima.org.