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News: In brief - AIMA announces launch of branch in Singapore.(Alternative Investment Management Association)(Brief Article)

Financial Times Mandate, April, 2004

The Alternative Investment Management Association (AIMA) has formed a branch in Singapore, adding to the group's established Asian presence in Japan, Hong Kong and Australia.

The new branch opens with more than 20 corporate members - including fund managers, service providers, and institutional investors - totalling 76 individuals.

"The new arm is being launched in response to strong growth in the industry in Singapore", said Peter Douglas, chairman of AIMA Singapore. "Singapore is one of the most amenable financial centres globally for skill-based asset management, and local institutional investors are at the forefront of Asian interest in alternative assets."

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