Fund Custody and Administration

Fund Custody and Administration
Author: David Loader
Publsiher: Academic Press
Total Pages: 340
Release: 2016-07-14
ISBN 10: 012849901X
ISBN 13: 9780128499016
Language: EN, FR, DE, ES & NL

Fund Custody and Administration Book Review:

Fund Custody and Administration provides an overall perspective of investment funds without limiting its analysis to specific fund structures, as other books do. Since governance and oversight of investment funds are now major regulatory requirements, administrators and custodians must place greater emphasis on the custody and safekeeping of fund assets, on the independent and robust valuation of the assets, and on collateral management. By focusing on both the asset transactions made by the investment manager for the portfolio and on the transactions in the shares or units of the fund itself, it gives readers insights about the essential elements of investment fund management and administration, regardless of their geographical backgrounds. Explores the key stages in the investment process, from setting up a fund through its launch and operation Explains the roles of participants as well as the ways regulation affects the fund and its operation Describes the work flow associated with custody and administration procedures and processes Defines the role of compliance and risk management in the context of the fund and also how compliance requirements apply to custodians and administrators

Fundamentals of Fund Administration

Fundamentals of Fund Administration
Author: David Loader
Publsiher: Elsevier
Total Pages: 224
Release: 2011-02-23
ISBN 10: 0080468152
ISBN 13: 9780080468150
Language: EN, FR, DE, ES & NL

Fundamentals of Fund Administration Book Review:

Fundamentals of Fund Administration fills a gap in the lack of books that cover the administration and operations functions related to funds. With the growth of hedge funds globally there is more and more requirement for fund administration services, and the success of the fund administration is crucial to the success of the funds themselves in a highly competitive market. As the focus on operational risk, cost effective support and administration of trading and investment and the ability to design, develop and deliver added-value services for clients grows there is a need for a comprehensive analysis of what happens from trade to settlement and beyond and the exact role that the fund administrator may be required to provide. The book helps those responsible for managing and supervising fund administration services by examining the decisions, actions and problems at the various stages as well as explaining the products and infrastructure that services support. Concise, easy to read format explains extensive and complicated procedures with lively, easy to follow road maps Comprehensive reference work with extensive glossary of terms, useful website addresses and further reading recommendations Covers all the major stages with detailed explanations of what is required for effective completion and regulatory compliance

Clearing Settlement and Custody

Clearing  Settlement and Custody
Author: David Loader
Publsiher: Elsevier
Total Pages: 256
Release: 2002-09-05
ISBN 10: 0080490654
ISBN 13: 9780080490656
Language: EN, FR, DE, ES & NL

Clearing Settlement and Custody Book Review:

'Clearing, Settlement and Custody' focuses on the clearing, settlement and custody functions by analyzing how they work and the interaction between the organizations involved. The author examines the roles of clearing houses, central counterparties, central securities depositories and the custodians, as well as, assessing the impact on the workflow and procedures in the operations function at banks, brokers and institutions. The changes that are taking place in the industry are explored and the impact for operations managers and supervisors assessed. Clearing, settlement and custody is at the heart of everything that happens in the financial markets. The evolution of clearing and settlement is one that is still happening and as such, it is impacting on the operations function through both new practices but also, increasingly, in terms of regulation, risk and reputation. In essence the efficient clearing and settlement operation is managing risk, not because it is a direct part of the process but more because it is a bi-product. The routine procedures relate to reconciliation and record keeping. If these are performed efficiently and accurately it will result in accurate records of activity and profit and loss. The settlement process is a key element in identifying and correcting errors made by dealers and traders. Failure to identify the error or act promptly will result in potentially serious financial loss, as well as worrying audit and the regulators. In addition to these concerns the financial service sector is also undergoing a massive rationalization of the structure of clearing and settlement and seeking the twin goals of automation and shortening settlement cycles. The challenge for operations managers is considerable: manage costs, eradicate inefficiencies, create an environment to be competitive, and implement the procedures to meet future changes that will occur. In this book the author looks at some of the different roles, the processes and procedures, and the key issues, in order to help those in operations meet the challenge. The definitive series of professional references for those finance professionals concerned with "Back office" or operations management unique to this industry.Presents concise references on the essential management functions such as technology, client services, and risk management for financial operations management professionals.A comprehensive resource from a leading financial management consultant for global banks and institutions.

Mutual Fund Industry Handbook

Mutual Fund Industry Handbook
Author: Lee Gremillion
Publsiher: John Wiley & Sons
Total Pages: 400
Release: 2012-06-22
ISBN 10: 1118428722
ISBN 13: 9781118428726
Language: EN, FR, DE, ES & NL

Mutual Fund Industry Handbook Book Review:

"The Mutual Fund Industry Handbook is a remarkably important work . . . I am profoundly impressed by the broad and comprehensive sweep of information and knowledge that this book makes available to industry participants, college and business school students, and anyone else with a serious interest in this industry." -- From the Foreword by John C. Bogle President, Bogle Financial Markets Research Center Founder and former chief executive, The Vanguard Group A Foreword by John C. Bogle, founder of The Vanguard Group and one of the most respected leaders in the mutual fund industry, sets the stage for this authoritative book that explains the complexities of the phenomenal industry in simple terms. Investors like the fact that mutual funds offer professional management, easy diversification, liquidity, convenience, a wide range of investment choices, and regulatory protection. Mutual Fund Industry Handbook touches on all of those features and focuses on the diverse functions performed in the day-to-day operations of the mutual fund industry. You'll learn about: Front-office functions-analysis, buying, and selling. Back-office functions, including settlement, custody, accounting, and reporting. Commission structures-front-end loads, back-end loads, or level loads. The various fund categories used by the Investment Company Institute, Morningstar, and Lipper. The roles played by fund managers, investment advisors, custodial banks, distributors, transfer agents, and other third-party service providers. If you want a definitive reference on the mutual fund industry, this is the book for you.

Clearing Settlement and Custody

Clearing  Settlement and Custody
Author: David Loader
Publsiher: Butterworth-Heinemann
Total Pages: 330
Release: 2019-10-13
ISBN 10: 0128186909
ISBN 13: 9780128186909
Language: EN, FR, DE, ES & NL

Clearing Settlement and Custody Book Review:

Clearing, Settlement, and Custody, Third Edition, introduces the post-trade infrastructure and its institutions. Author David Loader reduces the complexity of this environment in a non-technical way, helping students and professionals understand the complex chain of events that starts with securities trading and ends the settlement of cash and paper. The Third Edition examines the roles of clearing houses, central counterparties, central securities depositories, and custodians. The book assesses the impact on workflow and procedures in the operations function at banks, brokers, and institutions. In consideration of technological and regulatory advances, this edition adds 5 new chapters while introducing new case studies and updating examples. Adds a new chapter while updating all chapters Adds new case studies and end-of-chapter questions Introduces current examples to illuminate important points

The Alternative Investment Fund Managers Directive

The Alternative Investment Fund Managers Directive
Author: Dirk A. Zetzsche
Publsiher: Kluwer Law International B.V.
Total Pages: 1042
Release: 2015-09-14
ISBN 10: 9041149953
ISBN 13: 9789041149954
Language: EN, FR, DE, ES & NL

The Alternative Investment Fund Managers Directive Book Review:

Apart from MiFID, the Alternative Investment Fund Managers Directive (AIFMD) may be the most important European asset management regulation of the early twenty-first century. In this in-depth analytical and critical discussion of the content and system of the directive, thirty-eight contributing authors – academics, lawyers, consultants, fund supervisors, and fund industry experts – examine the AIFMD from every angle. They cover structure, regulatory history, scope, appointment and authorization of the manager, the requirements for depositaries and prime brokers, rules on delegation, reporting requirements, transitional provisions, and the objectives stipulated in the recitals and other official documents. The challenging implications and contexts they examine include the following: – connection with systemic risk and the financial crisis; - nexus with insurance for negligent conduct; - connection with corporate governance doctrine; - risk management; - transparency; - the cross-border dimension; - liability for lost assets; - impact on alternative investment strategies, and - the nexus with the European Regulation on Long-Term Investment Funds (ELTIFR). Nine country reports, representing most of Europe’s financial centres and fund markets add a national perspective to the discussion of the European regulation. These chapters deal with the potential interactions among the AIFMD and the relevant laws and regulations of Austria, France, Germany, Italy, Luxembourg, Liechtenstein, The Netherlands, Malta and the United Kingdom. The second edition of the book continues to deliver not only the much-needed discussion of the inconsistencies and difficulties when applying the directive, but also provides guidance and potential solutions to the problems it raises. The second edition considers all new developments in the field of alternative investment funds, their managers, depositaries, and prime brokers, including, but not limited to, statements by the European Securities and Markets Authority (ESMA) and national competent authorities on the interpretation of the AIFMD, as well as new European regulation, in particular the PRIIPS Regulation, the ELTIF Regulation, the Regulation on European Venture Capital Funds (EuVeCaR), the Regulation on European Social Entrepreneurship Funds (EUSEFR), MiFID II, and UCITS V. The book will be warmly welcomed by investors and their counsel, fund managers, depositaries, asset managers, administrators, as well as regulators and academics in the field.

Clearing Settlement and Custody

Clearing  Settlement and Custody
Author: David Loader
Publsiher: Butterworth-Heinemann
Total Pages: 330
Release: 2019-10-24
ISBN 10: 0128186917
ISBN 13: 9780128186916
Language: EN, FR, DE, ES & NL

Clearing Settlement and Custody Book Review:

Clearing, Settlement, and Custody, Third Edition, introduces the post-trade infrastructure and its institutions. Author David Loader reduces the complexity of this environment in a non-technical way, helping students and professionals understand the complex chain of events that starts with securities trading and ends the settlement of cash and paper. The Third Edition examines the roles of clearing houses, central counterparties, central securities depositories, and custodians. The book assesses the impact on workflow and procedures in the operations function at banks, brokers, and institutions. In consideration of technological and regulatory advances, this edition adds 5 new chapters while introducing new case studies and updating examples. Adds a new chapter while updating all chapters Adds new case studies and end-of-chapter questions Introduces current examples to illuminate important points

Investment Company Act of 1940 as Amended

Investment Company Act of 1940  as Amended
Author: United States
Publsiher: Unknown
Total Pages: 135
Release: 1970
ISBN 10: 1928374650XXX
ISBN 13: UOM:39015035118440
Language: EN, FR, DE, ES & NL

Investment Company Act of 1940 as Amended Book Review:

Model Rules of Professional Conduct

Model Rules of Professional Conduct
Author: American Bar Association. House of Delegates,Center for Professional Responsibility (American Bar Association)
Publsiher: American Bar Association
Total Pages: 187
Release: 2007
ISBN 10: 9781590318737
ISBN 13: 1590318730
Language: EN, FR, DE, ES & NL

Model Rules of Professional Conduct Book Review:

The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

The Law of Global Custody

The Law of Global Custody
Author: Madeleine Yates,Gerald Montagu
Publsiher: Bloomsbury Publishing
Total Pages: 424
Release: 2013-01-31
ISBN 10: 1847668771
ISBN 13: 9781847668776
Language: EN, FR, DE, ES & NL

The Law of Global Custody Book Review:

"Global custody is a service whereby a financial institution assumes responsibility for the safekeeping and administration of its client's international portfolio of securities." (book, p. 1).

A Primer for Investment Trustees

A Primer for Investment Trustees
Author: Jeffery V. Bailey,Thomas M. Richards,Jesse L. Phillips
Publsiher: Unknown
Total Pages: 107
Release: 2011-01
ISBN 10: 9781934667330
ISBN 13: 1934667331
Language: EN, FR, DE, ES & NL

A Primer for Investment Trustees Book Review:

Alternative Investments A Primer for Investment Professionals

Alternative Investments  A Primer for Investment Professionals
Author: Donald R. Chambers,Keith H. Black,Nelson J. Lacey
Publsiher: CFA Institute Research Foundation
Total Pages: 135
Release: 2018
ISBN 10: 1944960384
ISBN 13: 9781944960384
Language: EN, FR, DE, ES & NL

Alternative Investments A Primer for Investment Professionals Book Review:

Alternative Investments: A Primer for Investment Professionals provides an overview of alternative investments for institutional asset allocators and other overseers of portfolios containing both traditional and alternative assets. It is designed for those with substantial experience regarding traditional investments in stocks and bonds but limited familiarity regarding alternative assets, alternative strategies, and alternative portfolio management. The primer categorizes alternative assets into four groups: hedge funds, real assets, private equity, and structured products/derivatives. Real assets include vacant land, farmland, timber, infrastructure, intellectual property, commodities, and private real estate. For each group, the primer provides essential information about the characteristics, challenges, and purposes of these institutional-quality alternative assets in the context of a well-diversified institutional portfolio. Other topics addressed by this primer include tail risk, due diligence of the investment process and operations, measurement and management of risks and returns, setting return expectations, and portfolio construction. The primer concludes with a chapter on the case for investing in alternatives.

The Fund Industry

The Fund Industry
Author: Robert Pozen,Theresa Hamacher
Publsiher: John Wiley & Sons
Total Pages: 544
Release: 2015-01-05
ISBN 10: 1118929950
ISBN 13: 9781118929957
Language: EN, FR, DE, ES & NL

The Fund Industry Book Review:

A guide to how your money is managed, with foreword by Nobel laureate Robert Shiller The Fund Industry offers a comprehensive look at mutual funds and the investment management industry, for fund investors, those working in the fund industry, service providers to the industry and students of financial institutions or capital markets. Industry experts Robert Pozen and Theresa Hamacher take readers on a tour of the business of asset management. Readers will learn how to research a fund and assess whether it's right for them; then they'll go behind the scenes to see how funds are invested, sold and regulated. This updated edition expands coverage of the segments of the industry where growth is hottest, including hedge funds, liquid alternatives, ETFs and target date funds—and adds an introduction to derivatives. Mutual funds are a key component of financial planning for 96 million Americans. Nearly a quarter of U.S. household savings are invested in funds, which give individual investors affordable access to professional management. This book provides a detailed look at how firms in the industry: Invest those savings in stocks and bonds Evaluate the risks and returns of funds Distribute funds directly to consumers or through financial advisors or retirement plans Handle the complex operational and regulatory requirements of mutual funds Vote proxies at the annual meetings of public companies Expand their operations across borders Along the way, the authors describe the latest trends and discuss the biggest controversies—all in straightforward and engaging prose. The Fund Industry is the essential guide to navigating the mutual fund industry.

Audit and Accounting Guide Investment Companies

Audit and Accounting Guide  Investment Companies
Author: AICPA
Publsiher: Wiley
Total Pages: 752
Release: 2018-11-06
ISBN 10: 1948306174
ISBN 13: 9781948306171
Language: EN, FR, DE, ES & NL

Audit and Accounting Guide Investment Companies Book Review:

Whether you are a financial statement preparer or auditor, it is critical to understand the complexities of the specialized accounting and regulatory requirements for investment companies. This 2018 guide provides authoritative how-to accounting and auditing advice, including implementation guidance and illustrative financial statements and disclosures. This guide is the industry standard resource, supporting practitioners in a constantly changing industry landscape packed with continuous regulatory developments. Updates include: References to appropriate AICPA Technical Questions and Answers that address when to apply the liquidation basis of accounting. Appendices discussing the new standards for financial instruments, leases and revenue recognition. Appendices discussing common or collective trusts and business development companies.

The Custody of State Funds

The Custody of State Funds
Author: Martin Luther Faust
Publsiher: Unknown
Total Pages: 176
Release: 1925
ISBN 10: 1928374650XXX
ISBN 13: UOM:39015035123150
Language: EN, FR, DE, ES & NL

The Custody of State Funds Book Review:

SEC Docket

SEC Docket
Author: United States. Securities and Exchange Commission
Publsiher: Unknown
Total Pages: 135
Release: 1994
ISBN 10: 1928374650XXX
ISBN 13: OSU:32437010025860
Language: EN, FR, DE, ES & NL

SEC Docket Book Review:

Code of Federal Regulations

Code of Federal Regulations
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 2006
ISBN 10: 1928374650XXX
ISBN 13: UOM:39015073077763
Language: EN, FR, DE, ES & NL

Code of Federal Regulations Book Review:

Latin Custody

Latin Custody
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 1995
ISBN 10: 1928374650XXX
ISBN 13: UTEXAS:059172133949928
Language: EN, FR, DE, ES & NL

Latin Custody Book Review:

2018 CFR e Book Title 17 Commodity and Securities Exchanges Parts 240 to End

2018 CFR e Book Title 17 Commodity and Securities Exchanges Parts 240 to End
Author: Office of The Federal Register
Publsiher: IntraWEB, LLC and Claitor's Law Publishing
Total Pages: 1365
Release: 2018-04-01
ISBN 10: 1928374650XXX
ISBN 13: 9182736450XXX
Language: EN, FR, DE, ES & NL

2018 CFR e Book Title 17 Commodity and Securities Exchanges Parts 240 to End Book Review:

Title 17 Commodity and Securities Exchanges Parts 240 to End

Title 17 Commodity and Securities Exchanges Parts 240 to End Revised as of April 1 2014

Title 17 Commodity and Securities Exchanges Parts 240 to End  Revised as of April 1  2014
Author: Office of The Federal Register, Enhanced by IntraWEB, LLC
Publsiher: IntraWEB, LLC and Claitor's Law Publishing
Total Pages: 1175
Release: 2014-04-01
ISBN 10: 0160917727
ISBN 13: 9780160917721
Language: EN, FR, DE, ES & NL

Title 17 Commodity and Securities Exchanges Parts 240 to End Revised as of April 1 2014 Book Review:

The Code of Federal Regulations Title 17 contains the codified Federal laws and regulations that are in effect as of the date of the publication pertaining to the financial markets / commodity futures and securities exchanges.