Aima calls for greater transparency on hedge funds

Greater transparency and restrictions on naked short selling would benefit the hedge fund industry, ...

Greater transparency and restrictions on naked short selling would benefit the hedge fund industry, according to the Alternative Investment Management Association. Andrew Baker, CEO of Aima, suggested the strategy during a House of Commons Treasury Committee hearing last Tuesday into the role played by hedge funds during the banking crisis. The hearing also heard evidence from Douglas Shaw, head of Blackrock's proprietary alpha strategies team, Paul Marshall, co-founder of Marshall Wace a London-based hedge fund, Chris Hohn the founder of the Children's Investment Fund (TCI) and Stephen...