Hedge Funds - Understanding the Specifics of Accounting and Custody

The objective of this module is to provide the student with an applied understanding of the specifics of hedge fund accounting and custody. The module will take the participant through different perspectives including: investors, trade processing, accounting and reporting.

The training covers the following topics:

Trade Processing

• Financing & leveraging
• Collateral
• Prime brokers
• Custodians
• Records & Reconciliation

Portfolio Accounting

• Leverage

• Derivatives

• Collateral

• Financial reporting

Portfolio Valuation

• Instruments’ valuation

• Valuation under AIFMD

• Fair value

• Governance

Investors’ Accounting

• Side pockets
• Gates
• Performance fees
• Equalisation

Key Regulations

• IFRS (related to the valuation of the Hedge Funds)

• NewCITS

• UCITS IV & V 

• AIFMD

For this training course, an optional exam is available. In case of interest, candidates can choose a date from the list of proposed examinations sessions. Registration for the exam must be made at least five days before the chosen exam date. The exam is subject to a registration fee.

At the end of the training, the participants can download a certificate of attendance from their client account House of Training.