Aima: Asia should wait for funds directive

Author: | Published: 20 May 2010

As Europe considers the latest two versions of the Alternative Investment Fund Managers (AIFM) directive, the industry association believes third-country regulators, such as those in Asia, should resist pre-emptive changes. A compromise text is still possible. The Alternative Investment Management Association (Aima) hopes common ground can be found between the new Parliament and Council versions of the legislation, and the European Commission’s initial proposals. Non-EU regulators should wait...