Fund Custody and Administration

by David Loader

Overview

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

Product Details

ISBN-13:	9780128499016
Publisher:	Elsevier Science
Publication date:	07/14/2016
Sold by:	Barnes & Noble
Format:	eBook
Pages:	340
File size:	17 MB
Note:	This product may take a few minutes to download.

About the Author

David Loader is the cofounder of DSC Portfolios Ltd., which specializes in global training and consultancy services for the financial industry. He has worked in the debt, equity, and derivatives markets, and his expertise in back-office dynamics is unparalleled. He has written widely on operations management, derivatives, fund administration, and operational risk.

Table of Contents

Part 1: Introduction to Investment

Part 2: Regulation and Fund Structures

Part 3: The Day-to-Day Operation of a Fund

Part 4: Risk

Part 5: Introduction to derivatives

Part 6: Summary—Fund Administration Notes

Part 7: The Future of Fund Custody and Administration

What People are Saying About This

From the Publisher

This instructive book provides an overview of investment funds, focusing on both asset transactions made by investment managers for the portfolio and transactions in the shares or units of the fund itself, thereby giving readers helpful insight about the essential elements of investment fund management

Editorial Reviews

"Fund Custody admirably fills a gap in the material available for practitioners and students of investment management. A lively and clearly written overview of the industry with a great deal of day-to-day practical detail. Ideal supplementary reading to help students in their transition from academic study to the world of work." —Alastair Milne, Loughborough University, UK

"David Loader provides profound insights into investment funds management. He describes in detail the different structures and institutions and elaborates on the necessary processes that need to be performed. In times of increasing regulatory pressures and accelerating technological changes his work offers valuable knowledge not only for professionals in the financial services industry but for every investor as well." —Marco Weiss, Frankfurt University, Germany

From the Publisher