Finance

CLT – Diploma in Fund Administration

Date: 01 Oct 2009

Graduate Level Diploma

The Diploma in Fund Administration is a new and unique graduate level qualification designed to provide practitioners with the detailed knowledge and professional skills required to undertake the daily operations of a Fund in a consistent, product and competent manner.

This Diploma, unique to the industry and delivered by CLT International, one of the world’s largest legal and financial training organizations, in association with the University of Manchester Business School and supported by the Cayman Islands Fund Administrators Association (CIFAA), is a comprehensive educational programme that covers all of the major aspects of the Fund Industry.
It examines the functions performed, and the duties owed, by the key players and the importance of developing networks. With course materials that are regularly updated, the Diploma focuses on current major issues that impact upon the Fund Industry.

Are you new to the Funds Industry and eager to learn more? Are you a more experienced Fund Practitioner keen to expand your knowledge of different facets of the industry and develop a broader expertise? Are you looking to develop your skills and enhance your performance in the workplace?

If so, then consider this unique qualification.

The Diploma is a practically focused, certificated education programme set at Graduate Level. The 22 unit syllabus covers:

  1. What is a Hedge Fund?
  2. The Regulatory Landscape
  3. The Launch of a Hedge Fund
  4. The Investment Company
  5. The Constitution of an Investment Company
  6. Unit Trusts
  7. Typical Terms of a Unit Trust Instrument
  8. Limited Partnerships
  9. Typical Terms of a Limited Partnership Agreement
  10. Disclosure Requirements
  11. Typical Terms of an Offering Document
  12. The Investment Manager
  13. The Discretionary Investment Management Agreement
  14. Prime Brokerage
  15. The Prime Brokerage Agreement and other Documentation
  16. The Fund Administrator
  17. Bookkeeping and Fund Accounting
  18. Net Asset Value (NAV) Calculation
  19. Investment Strategies
  20. Group Structures for Hedge Funds and Side Pockets
  21. The EU Savings Tax Directive
  22. Undertakings for Collective Investments in Transferable Securities (UCITS 3)

The Diploma is a nine-month programme available through distance learning combined with face-to-face workshops or entirely by distance learning.