Description

The training is part of the Fund Governance Masterclass, a certification programme with the below topics:

• Module 1 - Funds & IFMs: Governance fundamentals
• Module 2 - Portfolio management 
• Module 3 - Risk management
• Module 4 - Fund Administration, Depositary and Valuation
• Module 5 - AML/CFT: key considerations for the Fund industry
• Module 6 - The role of the auditor
• Module 7 - Marketing, distribution and transfer agency
• Module 8 - ESG developments for Fund Directors
• Module 9 - Technology challenges for Fund Directors
• Module 10 - Fund Governance in Practice

The Members of Boards of Directors of Alternative Investment Funds (AIFs) and Alternative Investment Fund Managers (AIFMs) are finding themselves under increasing scrutiny from investors in AIFs, initiators of AIFs and sponsors of AIFMs, regulators and other stakeholders.

The implementation of the AIFM Directive (AIFMD) substantially raised the bar for the AIFMs and AIFs they manage.

In order to comply with this formal and prescriptive regime, the Boards of AIFMs and AIFs need to master adequately their organisational models and structures, corporate governance practices, remuneration models, fund documentation, due diligence and oversight practices, as well as many other aspects of their operations.

The Portfolio Management Module provides an overview of the investment management process, addresses the various models of delegation and highlights key considerations for Directors in their role of oversight over this function.