The document outlines 25 principles of practice for private wealth management established by the Association of Private Bankers in Greater China Region. The principles are intended to foster responsible wealth management through prudent practices, transparency, and putting clients' interests first. They address governance, client services, investment management, and oversight. The goal is to establish ethical standards and best practices for managing wealth in the region.
Principles of Practice - Private Wealth ManagementEva Law
Association of Private Bankers in Greater China Region launched the Principles of Practice - Private Wealth Management for upholding the ethical conduct and prudent practice for the industry who are serving the significant wealth holders, the families and corporations.
"AIFMD & Private Equity Managers - An implementation checklist" - Global Pe...GECKO Governance
The new European AIFMD regulations will significantly impact the private equity (PE) industry. The regulations were primarily designed for hedge funds but are being applied wholesale to the private equity industry. Compliance will present a challenge for many PE managers.
In this white paper we will look at the main impacts of AIFMD on private equity managers and what they should be doing to comply
You can sign up for all our Global Perspectives white papers here:- http://lnkd.in/BthCg4
Independent Fund Director Services - Hedge Fund GovernanceBell Rock Group
Bell Rock Group is a leading provider of fund governance services such as independent directors to hedge funds, private equity funds and other Cayman Islands investment funds.
Principles of Practice - Private Wealth ManagementEva Law
Association of Private Bankers in Greater China Region launched the Principles of Practice - Private Wealth Management for upholding the ethical conduct and prudent practice for the industry who are serving the significant wealth holders, the families and corporations.
"AIFMD & Private Equity Managers - An implementation checklist" - Global Pe...GECKO Governance
The new European AIFMD regulations will significantly impact the private equity (PE) industry. The regulations were primarily designed for hedge funds but are being applied wholesale to the private equity industry. Compliance will present a challenge for many PE managers.
In this white paper we will look at the main impacts of AIFMD on private equity managers and what they should be doing to comply
You can sign up for all our Global Perspectives white papers here:- http://lnkd.in/BthCg4
Independent Fund Director Services - Hedge Fund GovernanceBell Rock Group
Bell Rock Group is a leading provider of fund governance services such as independent directors to hedge funds, private equity funds and other Cayman Islands investment funds.
Understand what a Collective Investment Scheme (CIS) is
Understand the key stakeholders within the CIS environment
Have an idea of the Legal Framework of a CIS
Understand the corporate governance landscape
Understand the operational environment and pain points
It help you to become a successful entrepreneur,advantages& risk associated with that. And also helps finance you business successfully in different stages.
How to Setup An Asset Management DepartmentIfe Uma
I prepared this presentation as part of the requirements for an interview that i never attended. Ask me why? Well, i thought i\’d be giving away too much of my intellectual property... But here it is anyway.
This is a basic description of what you need to setup an asset management department.
INDEX
1. Collective Investment Scheme
a. History of CIS . . . . . 1
b. Development of CIS . . . . . 2
c. Definition and CIS participants . . . . . 3
d. Benefits of CIS . . . . . 5
e. Disadvantages of CIS . . . . . 6
f. Different kind of CIS in the Market . . . . . 6
g. Schemes not treated as CIS . . . . . 8
h. Collective Investment Management Company . . . 11
i. Eligibility Criteria for CIS Registration . . . . 14
j. Governance of CIS . . . . . 16
2. Ponzi Scheme
a. Characteristic of Ponzi Scheme . . . . . 21
b. Case Studies
i. SPEAK ASIA, 2010 . . . . . 23
ii. GOLDSUKH, 2011 . . . . . 23
iii. ABHINAV GOLD, 2011 . . . . . 24
iv. SHIVRAJ PURI from CITIBANK INDIA, 2011 . . . 24
v. EMU FARMING, 2012 . . . . . 25
vi. THE SAHARA CASE, 2010 . . . . . 25
vii. THE SARADHA CASE . . . . . 27
3. Mutual Funds
a. Introduction . . . . . 29
b. Early History . . . . . 29
c. Growth and Development in India . . . . 33
d. Concept of Mutual Fund . . . . . 34
e. Structure of Mutual Fund . . . . . 39
f. Advantages of Mutual Fund . . . . . 42
g. Disadvantages of Mutual Fund . . . . . 43
h. Regulation of Mutual Fund . . . . . 46
i. Offer Document . . . . . 53
j. Statement of Additional Information . . . . 60
k. Difference between CIS and Mutual Funds . . . 62
4. Chit Funds
a. Origin and History of Chit Fund . . . . . 64
b. Evolution of Chit Fund . . . . . . 65
c. How do they work? . . . . . . 66
d. Chit Funds- Over the world . . . . . 68
e. Advantages of Chit Funds . . . . . 70
f. Case Study- Rose Valley Scam . . . . . 71
g. Difference between Mutual Funds and Chit Funds . . 72
h.
Presented by Dr. Nissar Ahmed Yatoo at the 4th Annual East Africa Finance Summit
1.Interest Free Transactions
2.Sharing of associated risks and profits
3.No scope for uncertainty
4.Emphasis on Ethical Investment
5.Tangible and identifiable underlying assets to back-up financial transactions
Advanced Fund Administration (http://www.advancedfundadministration.com) is a privately owned hedge fund and private equity fund administration firm established in the Cayman Islands. Advanced Fund Administration (“AFA”) Fund Administration Services offers a comprehensive and cost effective solution to fund managers and related management companies, remaining flexible in providing fund administration services to address varying client needs. And these services start with directorship. Advisory, legal, BVI fund, shadow accounting, private equity back office and hedge fund services and so on.
MIJS Captive Management, LLC as a member of the SIIA’s Enterprise Risk Committee is pleased to announce its pledge to uphold and maintain SIIA’s Captive Manager Code of Conduct during the commission of its captive management services. MIJS Captive Management, LLC is proud to have assisted in the drafting process of the Code as it articulates the values that should govern every captive managers’ operations.
Understand what a Collective Investment Scheme (CIS) is
Understand the key stakeholders within the CIS environment
Have an idea of the Legal Framework of a CIS
Understand the corporate governance landscape
Understand the operational environment and pain points
It help you to become a successful entrepreneur,advantages& risk associated with that. And also helps finance you business successfully in different stages.
How to Setup An Asset Management DepartmentIfe Uma
I prepared this presentation as part of the requirements for an interview that i never attended. Ask me why? Well, i thought i\’d be giving away too much of my intellectual property... But here it is anyway.
This is a basic description of what you need to setup an asset management department.
INDEX
1. Collective Investment Scheme
a. History of CIS . . . . . 1
b. Development of CIS . . . . . 2
c. Definition and CIS participants . . . . . 3
d. Benefits of CIS . . . . . 5
e. Disadvantages of CIS . . . . . 6
f. Different kind of CIS in the Market . . . . . 6
g. Schemes not treated as CIS . . . . . 8
h. Collective Investment Management Company . . . 11
i. Eligibility Criteria for CIS Registration . . . . 14
j. Governance of CIS . . . . . 16
2. Ponzi Scheme
a. Characteristic of Ponzi Scheme . . . . . 21
b. Case Studies
i. SPEAK ASIA, 2010 . . . . . 23
ii. GOLDSUKH, 2011 . . . . . 23
iii. ABHINAV GOLD, 2011 . . . . . 24
iv. SHIVRAJ PURI from CITIBANK INDIA, 2011 . . . 24
v. EMU FARMING, 2012 . . . . . 25
vi. THE SAHARA CASE, 2010 . . . . . 25
vii. THE SARADHA CASE . . . . . 27
3. Mutual Funds
a. Introduction . . . . . 29
b. Early History . . . . . 29
c. Growth and Development in India . . . . 33
d. Concept of Mutual Fund . . . . . 34
e. Structure of Mutual Fund . . . . . 39
f. Advantages of Mutual Fund . . . . . 42
g. Disadvantages of Mutual Fund . . . . . 43
h. Regulation of Mutual Fund . . . . . 46
i. Offer Document . . . . . 53
j. Statement of Additional Information . . . . 60
k. Difference between CIS and Mutual Funds . . . 62
4. Chit Funds
a. Origin and History of Chit Fund . . . . . 64
b. Evolution of Chit Fund . . . . . . 65
c. How do they work? . . . . . . 66
d. Chit Funds- Over the world . . . . . 68
e. Advantages of Chit Funds . . . . . 70
f. Case Study- Rose Valley Scam . . . . . 71
g. Difference between Mutual Funds and Chit Funds . . 72
h.
Presented by Dr. Nissar Ahmed Yatoo at the 4th Annual East Africa Finance Summit
1.Interest Free Transactions
2.Sharing of associated risks and profits
3.No scope for uncertainty
4.Emphasis on Ethical Investment
5.Tangible and identifiable underlying assets to back-up financial transactions
Advanced Fund Administration (http://www.advancedfundadministration.com) is a privately owned hedge fund and private equity fund administration firm established in the Cayman Islands. Advanced Fund Administration (“AFA”) Fund Administration Services offers a comprehensive and cost effective solution to fund managers and related management companies, remaining flexible in providing fund administration services to address varying client needs. And these services start with directorship. Advisory, legal, BVI fund, shadow accounting, private equity back office and hedge fund services and so on.
MIJS Captive Management, LLC as a member of the SIIA’s Enterprise Risk Committee is pleased to announce its pledge to uphold and maintain SIIA’s Captive Manager Code of Conduct during the commission of its captive management services. MIJS Captive Management, LLC is proud to have assisted in the drafting process of the Code as it articulates the values that should govern every captive managers’ operations.
Mariana Enevoldsen, Director, Heritage International Fund Managers Limited, discusses the structures available and the regulatory requirements applicable in Guernsey to Funds and Licensees.
Big is beautiful - Defind Contribution Pension Schemes & Master TrustsRichard Butcher
With the increase in governance requirements on DC schemes is the drive towards master trust inevitable? What advantages (and disadvantages) do such arrangements offer compared to own trust DC arrangements?
Corporate Governance Definition and PracticeBolaji Okusaga
The recent failures of erstwhile strong institutions has thrown up the importance of Corporate Governance in the running of businesses and the drive for investments. This presentation attempts a basic definition the term and also x-rays practices and processes for sound corporate governance.
Pietro Calice is a Senior Financial Sector Specialist with the Finance & Markets Global Practice of the World Bank Group. In his capacity, Pietro manages the financial sector development work program in Libya, Palestinian Territories and Saudi Arabia. He also manages regional and global engagements. In particular, Pietro specializes on SME finance, state-owned financial institutions, including credit guarantee schemes, and bank competition policy. He has written extensively on financial stability issues and financial inclusion. Prior to joining the World Bank Group, Pietro served in different capacities at the African Development Bank, including as coordinator for the operational work with African development finance institutions, and worked at rating agencies and investment banks as a bank credit analyst. He has an MSc in Banking and Finance, an MPhil in Development Studies and is a PhD candidate in Economics.
10 Commandments for Achieving Operational ExcellenceMitch Ackles
This white paper is intended to provide a useful framework and guide for all Investment Management Firms.
Over the past 20 years the investment management industry, and specifically hedge funds, has achieved tremendous growth. As assets under management increased, so did diversification in strategies and investments. During that time investors have become very sophisticated in their selection of investments as well as the operational due diligence process. This growth and sophistication has reinforced the critical role of operational executives, and their teams’ responsibility to effectively manage the operational infrastructure. These are the people, functions and technology that are an integral part of keeping these firms thriving.
I have been on the operational side of the hedge fund business for 23 years, holding various senior positions. The first 8 years I had the privilege of being at Tiger Management, one of the premier firms at that time. The people I worked with were brilliant, the standards were high, the positive energy was contagious, and I felt honored to be a part of it. My background includes leading Global Operations for Tiger Management and Highbridge Capital, as well as having several COO positions for emerging managers.
I’ve witnessed and participated in the evolution of the operational side of hedge funds. In the early years hedge funds launched with mainly portfolio managers and traders, and relied heavily on their prime brokers to fulfill their back office needs. As assets grew so did the investment process, and subsequently, it was imperative to start building out an “operations group” within a hedge fund. Expansion from U.S. to foreign investments began, as well as diversifying from only equities and bonds to now including all types of derivatives and over the counter contracts. Also happening was the addition of multiple prime brokers to meet their “shorting” requirements. All these changes were occurring simultaneously.
The investment side of the business was growing so rapidly that the operations side had to quickly adapt to meet the challenge. As this expansion was happening the prime brokers were not as equipped to take on these new investments since their early model was built principally to support equity investments. Additionally, with hedge funds now engaging with multiple prime brokers, supporting them was even more challenging. Therefore, hedge fund operations, especially the larger firms, were taking back some of these functions from prime brokers to manage them more closely.
Analysis of Nine Pillars of Corporate Governance Principles for Small and Med...Karan Mahajan, CCRA
The report involved critically analyzing the nine pillars of corporate governance for SMEs in Dubai, providing recommendation for strengthening the principles as well as comparison with OECD Principles of Corporate Governance, Commonwealth Association for Corporate Governance and Corporate Governance principles in India.
Delivered this presentation in my office with an objective to disseminate the domain knowledge of Hedge Funds to our India as well as US team and higher management. It helped them in gearing up better as consultants to better deal with our clients hailing from Hedge Funds Industry.
I hope it helps you too.
Similar to Principles of Practice - Private Wealth Management (20)
Family Office Solutions Showcase 2015 by AFO and APBEva Law
Asia Financial Forum - Family Office Solutions Showcase by AFO & APB
A Conference For Family Offices in Asia and Players in Developed Markets who want to venture Asia
www.familyoffices-asia.org
www.private-bankers.net
Asia Financial Forum - Family Office Solutions Showcase by AFO & APBEva Law
Asia Financial Forum - Family Office Solutions Showcase by AFO & APB
A Conference For Family Offices in Asia and Players in Developed Markets who want to venture Asia
www.familyoffices-asia.org
www.private-bankers.net