The Alternative Investment Management Association (AIMA) has published a press release stating that the hedge fund industry has historically low levels of leverage and that the idea of the industry being highly leveraged is a misconception. AIMA also underlines the relative size of the global hedge fund industry compared to the banking sector. According to AIMA the world’s hedge fund industry is 'dwarfed' by the banks.

View AIMA press release - Low levels of leverage in global hedge fund industry, 21 April 2009