AIMA op-ed defends short-selling
Published: 08 July 2017
Following recent comments about short-selling by Tom Farley, the President of the New York Stock Exchange ("icky...unAmerican"), AIMA CEO Jack Inglis has written a defence of the practice for Absolute Return magazine.
In the article, Jack says the criticism misses the point of short selling. For most asset managers, shorting "is an essential risk management tool; a tool that investment managers use to protect their investors’ money and limit the risk of losses. It gives investors flexibility, diversifies their income streams and is a smart way for them to express a sentiment other than 'everything’s going up'."
To read the full article, click here.