Blame-game tactics applied over AIFMD

- European Commission ignores advice and points the finger, says administrator - The Alternative Investment Management Association (AIMA), the global hedge fund trade association, has expressed concern regarding the new draft text produced by the European Commission on the implementation of the Alternative Investment Fund Managers Directive (AIFM Directive).Nicola Smith, CEO of Gibraltar-based fund administrator Helvetic, commented: “The new draft text proposed by the European Commission has certainly caused waves amongst the industry.

Press Release Distribution, Blame-game tactics applied over AIFMD