INTERNATIONAL: AIMA – criticism of hedge funds is `unreasonable `

Tuesday April 8 2008

The Alternative Investment Management Association (AIMA) has today released a statement claiming that criticism of hedge funds role in the current financial market situation is unreasonable. Florence Lombard, Chief Executive, said: `Disappointingly, hedge funds are often made the focus of media attention when any suspicions of market irregularities arise.” `It is vital that the legitimate shorting of assets should not be confused with alleged market abuse by, as yet, unidentified players in the market.` The press release can be found at the above link.