Nothing wrong with legitimate shorting, says Aima

The hedge fund industry is facing a renewed wave of unwarranted criticism at a time when many hedge fund managers are doing what they set out to do û to deliver absolute returns to their investors during extreme market volatility and falling asset prices, according to the Alternative Investment Management Association (Aima).Aima, a global hedge fund industry organisation, believes the very practices recognised in the past as being part of the innovative nature of asset management û su…