The Alternative Investment Management Association (AIMA), a global body representing the hedge fund industry, has appointed a new local Australian chair and elevated one of its Australian industry pioneers to the global AIMA board.
Paul Chadwick has been successfully elected to represent the global AIMA Board, marking the first Australian to join the global ranks in almost a decade.
Taking over the local chair from Chadwick is Dr Alistair Rew, head of alpha strategies at AMP Capital, the AIMA said.
Rew will commence the two-year local chair role in late September and continue his current role as chair of the AIMA Australia Investor Advisory Group.
“AIMA has long recognised the resourcefulness, ingenuity and intelligence of its Australian chapter, and has adopted many of the concepts and initiatives that have successfully galvanized local membership and energised the sector here,” said Michael Gallagher, AIMA Australia general manager.
“We have doubled our local membership in four years, in which time alternative investments have gained market share and respect from investors across the spectrum.”
Chadwick said he looked forward to bringing more local perspectives to the global table and continuing to support industry growth and development over what are likely to be “two fascinating years” for markets, as quantitative easing ceases and technology continues to transform practices.
