Funds of Hedge Funds - Understanding the Specifics of Accounting and Custody
En collaboration avec
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03.12.2020
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8 h
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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.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:
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
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
Accounting and Reporting
- Valuation of a FoHF portfolio
- Performance fees and equalization
- Accounting of subscriptions/redemptions /switches
- Side pockets and gates
- Reporting
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
jeu. 03.12.2020 à 08h30
8H
Funds of Hedge Funds - Understanding the Specifics of Accounting and Custody
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Chambre de Commerce Luxembourg
Durée
3 h
Lieu
Chambre de Commerce Luxembourg
Tue 15.09.2020
08h45
Tue 22.09.2020
08h45
Thu 24.09.2020
08h45
Tue 29.09.2020
08h45
Tue 06.10.2020
08h45
Tue 13.10.2020
08h45
Tue 20.10.2020
08h45
Tue 27.10.2020
08h45
Thu 29.10.2020
08h45
Tue 10.11.2020
08h45