23 Jan 2018, London
9:15am to 16:30pm
Fund Managers, Administrators and Depositaries all need to ensure funds are fairly and accurately priced. Today, this is a greater challenge than ever because of a wider range of assets, increased number of share classes and the challenges of market volatility. Demands for increased efficiency and robust risk management processes only add to the complexity.
This focused one day workshop will provide delegates with a thorough understanding of NAV calculation, the challenges of share class accounting, illiquid securities, fair pricing and derivatives. The course will concentrate on pricing errors with examples and the measures that could be used to identify and prevent them.
The course will give practical answers to questions such as:
This event will be of value to anyone seeking a practical introduction or refresher to fund accounting. This will include individuals responsible for fund accounting, NAV/valuation production, taxation, oversight and operations in Fund Administration, Depositaries and Third Party Administrators.
This workshop uses a combination of trainer input, interactive syndicate work and case studies. Group size is kept to a maximum of 16 to ensure a high quality learning environment.
Vivien Crayston has over 26 years’ experience of transfer agency and fund accounting for both traditional and hedge funds. She has occupied senior fund administration positions in the UK and South Africa and has been a management consultant for over 10 years, advising both large and boutique asset managers. Vivien is a Chartered Fellow of the Chartered Institute forSecurities and Investments and holds status of MSCI.
Session | Content |
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Introduction to fund valuation |
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Share class accounting |
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Difficult to price securities |
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Dilution levies and swinging pricing |
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Fair valuation techniques |
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Developing effective control environments |
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Pricing errors |
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Performance fees |
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Effective yield |
|
Derivatives |
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Taxation |
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UCITS IV |
|
Report & Accounts |
|
Roles and Expectations of the Depositary |
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Governance of fund accounting |
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This course can be delivered in-house at a time and location to suit your business and tailored to suit your people and organisation. We can also create bespoke training when something very specific is needed.Please contact us to discuss your requirements in more detail and at no obligation.