Fund Custody and Administration
Fund Custody and Administration provides an overall perspective of investment funds without limiting its analysis to specific fund structures, by focusing on both the asset transactions, and transactions in the shares or units of the fund itself. With helpful insights about essential elements of investment fund management and administration, it also involves key strategies in the investment process, roles of participants as well as the ways regulation affects the fund and its operation, workflow associated with custody and administration procedures, and the role of compliance and risk management in the context of the fund.
"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
Table of Contents
Introduction – What is Fund Administration and Custody
Part I: Introduction to Investment
Part II: Regulation and Fund Structures
Part III: The Day-to-Day Operation of a Fund
Part IV: Risk
Part 5: Introduction to Derivatives
Part 6: Summary—Fund Administration Notes
Part 7: The Future of Fund Custody and Administration
Appendix 1: The Investment Association Categorization of Funds
Appendix 2: Source-Investment Association
Appendix 3: Glossary of Risk Terminology
Appendix 4: Organization of the SESC
Appendix 5: Reporting Annex IV Transparency Information Under the Alternative Investment Fund Managers Directive
Appendix 6: Questions and Answers: Application of the AIFMD
Appendix 7: China Securities Regulatory Commission (CSRC)
Appendix 8: October 2015—Top 10 Performing Funds
Appendix 9: Global OTC Derivatives Market-Source BIS
Appendix 10: Global OTC Derivatives Market-Source BIS
Appendix 11