Fund accounting Freelancer Group

1. Learning Objectives 1.1. Identify the different types and features of equity At the conclusion of this workshop, participants will be able to distinguish between various types of equity and comprehend the unique characteristics associated with each. 1.2. Understand why investors trade equities Upon completion of this workshop, participants will have a comprehensive understanding of the motivations driving investors to engage in equity trading, such as capital appreciation and dividends. 1.3. State the process involved in Equity trading Participants will be able to articulate the step-by-step process involved in trading equities, including the intricacies of placing orders, executing trades in the market, and the settlement and safekeeping of securities. 1.4. Understand the principles of Short Selling By the end of this workshop, participants will have a firm grasp of the concept of short selling, including its mechanics and potential risks. 1.5. Accounting & Valuation Parti...

When setting up a fund, one of the first decisions a manager has to make is the choice of fund structure. Partnership structures are very common in US domestic funds because they offer tax transparency to investors. Accounting calculations for partnership structures are relatively straightforward. Individual capital accounts are maintained for each partner and performance fees are calculated at the capital account level per partner. Therefore, there are no equalization issues for managers to contend with.   In Europe, a combination of other fund structures is frequently used which requires calculations of per share/unit price.   In calculating performance fees in these structures, the overriding concern among managers has been in determining how to fairly reward the manager for positive performance while at the same time ensuring investors are treated equitably. Essentially, this is where the various forms of performance fee Equalisation come in.   One of t...