The Alternative Investment Management Association (AIMA), the global hedge fund industry body, has published The Case for Hedge Funds, a compilation of its research since the global financial crisis, demonstrating 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 as well as extracts from many of AIMA’s white papers and articles on topics including the impact of institutionalisation, shadow banking, short selling and the industry’s reputation.
Research papers include the Roadmap to Hedge Funds, the most-read publication in AIMA’s history and the first guide about hedge funds to be produced collaboratively by the industry and investors.
Other papers include The Cost of Compliance, a global survey of managers that reveal the significant investments they are making in order to comply with new regulatory requirements; Beyond 60/40, which demonstrates the different roles that hedge funds play in institutional investors’ portfolios; and Apples and Apples, an educational guide to understanding hedge fund performance, among others.
Jack Inglis, AIMA’s CEO says, “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. This work 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.”
The Case for Hedge Funds: AIMA’s Post-Crisis Thought Leadership can be found here.