Fund Custody and Administration

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 operationExplains the roles of participants as well as the ways regulation affects the fund and its operationDescribes the work flow associated with custody and administration procedures and processesDefines the role of compliance and risk management in the context of the fund and also how compliance requirements apply to custodians and administrators

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