Managing Collective Investment Funds is a practical
introduction to collective investment funds and their
management, drawing on the experience of the authors in both
developed and emerging markets. It identifies best practice
internationally and also highlights the challenges of regulating
and operating collective investment funds in new and emerging
markets and explores how these can be met.
Written for practitioners and regulators new to the collective
investment funds business, it explores every aspect of a fund's
structure and operation: from how it is valued and priced through
to the importance of its regulatory, fiscal and accounting regimes
and finally the effect these can have on market development.
* Provides a comprehensive review of collective investment fund
operations
* Examines key factors in building a successful investment fund
business
* Contains practical examples, questions and case studies
illustrating current developments in the industry worldwide
Autorentext
Mark St Giles has worked in the financial sector since 1964, initially as a stockbroker and subsequently as managing directoir and chairman of fund management businesses. A past chairman both of the Investment Management Association and the European Federation of Investment Funds and Companies (FEFSI), he is chairman of Cadogan Education Ltd and a Partner of Cadogan Financial.
Ekaterina Alexeeva has worked in the collective investment funds sector since becoming head of Cadogan Financial's Russian office in 1995. She is a director of Cadogan Education Ltd, with responsibility for research and for the content of the company's Global Investment Funds Information Centre (GIFIC) website.
Sally Buxton has worked in the collective investment funds sector since 1982 when she joined the Information Unit of what is now the UK's Investment Management Association. She is a director of Cadogan Education Ltd and a Partner of Cadogan Financial working with governments, regulators and practitioners on the development of collective investment fund sectos worldwide.
Klappentext
Managing Collective Investment Funds is designed as a practical introduction to collective investment funds and their management, drawing on the experience of the authors in both developed and emerging markets. It identifies best practice internationally, and also highlights the challenges of regulating and operating collective investment funds in new and emerging markets and explores how these can be met.
Written for practitioners and regulators new to the collective investment funds business, it explores every aspect of a fund's structure and operation: from how it is valued and priced through to the importance of its regulatory, fiscal and accounting regimes and the effect these can have on market development.
Managing Collective Investment Funds
- Provides a comprehensive overview of the collective investment fund operations
- Examines the key factors in building a successful investment fund business
- Will be beneficial to managerial level entrants in the investment fund business, its associated service providers: lawyers, accountants, administrators, custodians and trustees.
Zusammenfassung
Managing Collective Investment Funds is a practical introduction to collective investment funds and their management, drawing on the experience of the authors in both developed and emerging markets. It identifies best practice internationally and also highlights the challenges of regulating and operating collective investment funds in new and emerging markets and explores how these can be met.
Written for practitioners and regulators new to the collective investment funds business, it explores every aspect of a fund's structure and operation: from how it is valued and priced through to the importance of its regulatory, fiscal and accounting regimes and finally the effect these can have on market development.
- Provides a comprehensive review of collective investment fund operations
- Examines key factors in building a successful investment fund business
- Contains practical examples, questions and case studies illustrating current developments in the industry worldwide
Inhalt
Preface.
About the Authors.
1. Why Enter the Business.
2. Key Functions, Roles and Responsibilities.
3. Main fund Structures.
4. Regulation.
5. Investment Management.
6. Fund Performance.
7. Valuation.
8. Charges.
9. Pricing.
10. Issue and Redemption.
11. Marketing Activities.
12. Fund Distribution.
13. Fund-related Communication.
14. Product Development.
15. Fund Accounting Standards.
16. Fund Taxation.
17. Fund Governance.
18. Managing the Business.
Concluding Note.
Self-test Questions.
Answers.
Reference.
Index.