Hedge Funds - Understanding the Specifics of Accounting and Custody

The objective of this module is to provide the participant with an applied understanding of the specificities of hedge fund accounting and custody. The module guides the participant through various perspectives including: investors, trade processing, accounting and reporting. This module covers the following topics:

• Trade Processing
  • Custodians
  • Prime brokers
  • Records & reconciliation
• Portfolio Accounting
  • Leverage
  • Derivatives
  • Collateral
  • Financial reporting
• Investor Accounting
  • Performance fees & equalization
  • Gates & side pockets
• Regulation
  • AIFMD, UCITS IV & V 
• Valuation issues
  • Valuation under AIFMD
  • Fair value
  • Governance

• Investors’ issues
  • Side pockets
  • Gates
  • Performance fee equalisation
• Trade processing
  • Prime brokers
  • Financing & leveraging
  • Collateral
• Valuation & accounting
  • Instruments’ valuation
• Key regulatory issues
  • IFRS (related to the valuation of the Hedge Funds)
  • NewCITS
  • AIFMD

For this training course, an optional exam is available. In case of interest, candidates can choose a date from the list of proposed examinations sessions. Registration for the exam must be made at least five days before the chosen exam date. The exam is subject to a registration fee.

At the end of the training, the participants can download a certificate of attendance from their client account House of Training.