ADVANCED CERTIFICATE AND DIPLOMA IN FUND ADMINISTRATION

1. ADVANCED CERTIFICATE AND DIPLOMA IN FUND ADMINISTRATION Rob Rowe, Director, CLT International.

2. CLT INTERNATIONAL (CLTI) • Global legal, banking and financial training organisation • Education and training programmes in over 30 jurisdictions • 100’s training courses annually • 1000’s delegates annually • Regional representative offices – globally.

3. CLTI Training Areas • Advanced Certificate in Fund Administration • Diploma in Fund Administration • Diploma in Compliance • Diploma in Anti Money Laundering • Diploma in Financial Crime Prevention • Diploma in International Trust Management

4. University of Manchester Business School • Founded in 1851 – one of the world’s leading and largest universities • World class degree programmes – MBA, DBA • Alumni in over 100 countries • MBA – ranked in the world’s top 16 for International content • CLTI partner on educational programmes • Qualification – co-branded and awarded

5. Fund Administration Course Venues

6. Why Choose the Advanced Certificate and Diploma? • The AC and Diploma has a highly practical focus - Designed to equip you with skills and increase your level of knowledge. • The AC and Diploma have both an international and domestic perspective - Examine the principles of best practice worldwide and in your jurisdiction. • The AC and Diploma lead to a recognised qualification • The Diploma leads to use of professional designation - Dip (Fund Admin) • Personal and career development opportunities

7. Integrated Learning • Detailed course materials • Face-to-face workshops • Assignment (Diploma only) • Tutor support • Two examinations (Advanced Certificate & Diploma) • Website support facilities • SAQs • Specimen examination papers

8. Integrated Learning - Advantages • Career enhancement without a career break • Apply learning immediately (practical content) • Flexible content and study structure • Networking opportunities

9. Who the Advanced Certificate and Diploma is designed for: • Fund administrators • Accountants • Lawyers • Managers and directors of funds • Other professionals in the fund industry

10. Syllabus – Advanced CertificateThe Investment Environment (1) • Introduction: The Evolution of Investment • Unit 1: Investment Objectives • Unit 2: Asset Classes • Unit 3: Investment Management • Unit 4: The Regulation of Investment

11. Syllabus – Advanced CertificateThe Investment Environment (2) • Unit 5: Regulated and Offshore Funds • Unit 6: Structure of Funds • Unit 7: Principal Participants in Investment Management

12. Syllabus - Advanced CertificateFund Administration and Support (1) • Introduction: The Growth and Development of Fund Administration Services • Unit 8: Fund Operations • Unit 9: Fund Accounting and Cash Management • Unit 10: Transfer Agency • Unit 11: Fund and Fund Administration Compliance • Unit 12: Operational Risk Management

13. Syllabus - Advanced CertificateFund Administration and Support (2) • Unit 13: Secretarial Issues • Unit 14: Reports and Disclosures • Unit 15: Agreements • Unit 16: Potential Problems in Delivering Fund Administration and Support • Unit 17: The Future Development of Fund Administration Services

14. Diploma in Fund Administration Choice of Pathways: • Hedge Funds • Retail Funds • Private Equity and Property Funds All delegates study a compulsory component on Accounting and NAV

15. Syllabus – Hedge Funds Pathway (1) Hedge Funds • Unit 1: The Investment Manager • Unit 2: The Discretionary Investment Management Agreement • Unit 3: Prime Brokerage • Unit 4: The Prime Brokerage Agreement and other Documentation

16. Syllabus – Hedge Funds Pathway (2) • Unit 5: The Fund Administrator • Unit 6: Investment Strategies • Unit 7: Group Structures for Funds and Side Pockets • Unit 8: The EU Savings Tax Directive • Unit 9: Undertakings for Collective Investments in Transferable Securities (UCITS 3)

17. Syllabus – Retail Funds Pathway • Unit 1: Regulation of Retail Funds • Unit 2: Investment Companies • Unit 3: Authorised Unit Trusts

18. Syllabus – Private Equity and Property Funds Pathway • Unit 1: Private Equity Funds • Unit 2: Property Funds • Unit 3: Role of Key Players • Unit 4: EU Saving Tax and other Directives • Unit 5: Undertakings for Collective Investments in Transferable Securities.

19. Course Materials • Study Handbook • Course manual (loose leaf) • Study group form • Assignment questions (available online) • Assignment writing guidelines • Website access – on-line resources

20. The Workshops • Case Studies • Group Exercises • One - on - one exercises / questions • Feedback • Discussion / Debate

21. Assessment • Advanced Certificate • Examination (open book – 3 hours 15 minutes) • Diploma • Assignment (2,500-3,500 words) • Examination (open book - 3 hours 15 minutes) • Advanced Certificate and Diploma may be awarded with ‘Pass’, ‘Merit’ or ‘Distinction’

22. Course Fees Advanced Certificate and Diploma in Fund Administration - £1500 each (£2800 if register for both at the same time)

23. Quality Assurance • Accrediting Bodies • International External Examiners • Independent Examination and Test Board • University Procedures

24. Course Progression • Proposed BSc course – Management and Fund Administration • University of Manchester new BSc degree(s): • Management and Compliance • Management with Trusts & Estates

25. Thank you Any questions?