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The European Union should not diverge from the path already set by the G20 on hedge fund regulation, the Alternative Investment Management Association says.
Aima believes that doing so could fragment global markets, create inconsistent regulatory requirements and result in international trade disputes.
Andrew Baker, chief executive officer of Aima, says: “The G20 summits in Washington and London set the course for a new global regulatory framework for hedge funds and other private pools of capital. It is worth remembering just what world leaders did sign up to with regards to hedge funds. They agreed that all hedge fund managers