AIMA

Hong Kong needs to take steps to draw alternative asset services in order to maintain its supremacy as a jurisdictional hub in Asia, according to a new report from Alternative Investment Management Association and KPMG.

The Q3 Hedge Fund Confidence Index (HFCI), published by AIMA in partnership with Simmons & Simmons and Seward & Kissel, was up 7% from the previous quarter.

Six alternative asset management industry groups have joined forces in filing a lawsuit in the U.S. Court of Appeals for the Fifth Circuit against the U.S. Securities and Exchange Commission over its newly approved Private Fund Adviser rule.

The U.S. Securities and Exchange Commission’s approved its Private Fund Advisers rule in a split vote with the stated aim to protect private fund investors by increasing transparency and efficiency, leaving industry bodies divided in its wake.

The Alternative Investment Management Association (AIMA) and the Alternative Credit Council say changes to the European Union’s Alternative Investment Fund Managers Directive (AIFMD) will provide regulatory clarity for asset managers.

Hedge fund industry trade groups have welcomed “significant” new U.K. government rule changes on the disclosure of short positions, claiming the overhaul will help boost market liquidity and expose corporate fraud.

The number of traditional hedge funds investing in crypto assets is falling, with one in four firms now reassessing their digital assets strategy, according to a major new PwC study.

The Alternative Investment Management Association's Alternative Credit Council welcomed U.K. government plans to allow pension funds to pour more into private equity strategies, other alternative assets.

Most institutional investors in alternative strategies see transparent fees and expenses as a must for any allocations, according to a new AIMA report.

The Alternative Credit Council and AIMA teamed up with other industry groups to issue an ESG tool that is to be used by borrower companies and shared with their lenders.