AIMA and Simmons and Simmons have produced a report on Italy's hedge funds market suggesting how its hedge funds industry can plan for the future.
Emma Mugridge, Director of AIMA said: 'Italy has been one of the pioneers of the European hedge fund industry and it has created a structure that meets investor transparency and regulatory need. This survey has identified some of the issues that it now needs to address before it can move on with its market development. None of the findings of the survey are impossible to address and we hope this survey will act as a stimulus for renewed dialogue and, ultimately, change and future development.'
Key findings of the survey include:
Generally the survey identified the opportunity to move the domestic market forward by a combination of skills development and developing the entrepreneurial make up of Italian funds.
A copy of the survey is available at: www.aima.org/uploads/AIMAItalySurveyJune06ENGLISH.pdf