Hedge fund body attacks drafting of EC directive
Thursday, April 23, 2009 : PermalinkReuters – The drafting of the European Commission’s directive on the hedge fund industry has been "rushed through" without adequate consultation, industry body the Alternative Investment Management Association (AIMA) said.
"We are also concerned that the process of drafting the directive has been subjected to undue political pressure," AIMA’s executive director Florence Lombard said in a statement published on Thursday.
Tags: adequate consultation, aima, alternative-investment-management-association, european commission, executive-director, florence, investment management association, lombard, reuters
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