When the Alternative Investment Management Association (AIMA) first opened a branch in Canada 15 years ago, the hedge fund sector in this country was just starting and still small. The way firms were set up and products marketed was very different to today. Indeed, as we mark our crystal anniversary in Canada, it is thrilling [...]
Foreword Welcome to Financing the Economy 2018, the fourth edition in a series of papers analysing the global private credit industry produced by the Alternative Credit Council (ACC), the private credit affiliate of the Alternative Investment Management Association (AIMA). This edition is again produced in partnership with Dechert LLP. We are delighted to be publishing [...]
Lenders that take advantage of artificial intelligence primarily use it to improve operational efficiency or enhance the consumer/borrower experience. Community banks are turning to artificial intelligence, and by 2020, AI could perform a number of underwriting functions and even spur reshoring of repetitive service tasks for financial services companies. [...] Read the full article