Financial Services Industry
Industry: Email Alert RSS FeedAima and MFA unify to help members.
Financial Adviser, April, 2008
Aima and MFA hook up. Stefanie Ives
The Alternative Investment Management Association and Managed Funds Association have announced plans to develop a framework for a principles-based regulatory system.
The alliance will operate on a global basis with an overall aim to encourage industry-wide compliance and better business practice. Christopher Fawcett, chairman for Aima, said the collaboration would unify members across all jurisdictions and would help to meet investors' needs.
He said: "We are seeking closer cooperation on issues of mutual interest and wish to promote a unified approach to matters that impact our business and investors. This is the right way forward for the industry and will facilitate communication among our members."...
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