Funds of Hedge Funds - Understanding the Specifics of Accounting and Custody
In collaboration with
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03.12.2021
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8 h
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Formation présentielle
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Cours du jour
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English
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VI021CJ
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(+3% TVA) *Prix d'inscription de base, variable selon options choisies.Cette formation est proposée sous forme de formation présentielle. En savoir plus
Objectives
The objective of this module is to provide the participant with an applied understanding of the specificities of funds of hedge funds accounting and custody. In this module investor issues are covered before going into the details of trade processing, valuation accounting and reporting. This module covers the following topics:
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Introduction to Hedge Funds and Funds of Hedge Funds (FoHF)
- History and investment management concept
- Major strategies and why FoHF?
- Performance fees and equalization principles
- Distribution and regulation
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Trade Management and Custody
- Fund of Fund portfolio trading: global overview
- Subscriptions/redemptions/switches: the liquidity issue
- Settlement & cash monitoring
- Corporate actions
- Depositary liability under AIFMD
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Accounting and Reporting
- Valuation of a FoHF portfolio
- Performance fees and equalization
- Accounting of subscriptions/redemptions /switches
- Side pockets and gates
- Reporting
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Risk Management and Compliance
- Operational risk
- Portfolio risk
Programme
Course Objectives: The objective of this module is to provide the participant with an applied understanding of the specificities of funds of hedge funds accounting and custody. In this module investor issues are covered before going into the details of trade processing, valuation accounting and reporting.
- Investors’ issues
- Side pockets
- Gates
- Performance fee equalisation
- Trade processing
- Target Fund TA (Account opening; reconciliations)
- Custody & Settlement
- Equalisation factors of target funds
- Valuation & accounting
- Equalisation factors of target funds
- NAV estimates
- Fair valuation
- Key regulatory issues
- IFRS
Lieu
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Chambre de Commerce Luxembourg7, rue Alcide de Gasperi
L-1615 Luxembourg
Luxembourg - Calculer l'itinéraire
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8H
ven. 03.12.2021 à 08h30
8H
Funds of Hedge Funds - Understanding the Specifics of Accounting and Custody
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Chambre de Commerce Luxembourg
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Durée
3 h
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Lieu
Chambre de Commerce Luxembourg
Thu 18.11.2021
08h45
Tue 23.11.2021
08h45
Thu 25.11.2021
08h45
Tue 30.11.2021
08h45
Thu 02.12.2021
08h45
Tue 07.12.2021
08h45
Thu 09.12.2021
08h45
Tue 14.12.2021
08h45
Thu 16.12.2021
08h45
Tue 11.01.2022
08h45