Funds Administration is the name given to the set of services provided in support of the running of a fund. This lesson gives a brief overview of Funds Administration and the services that are provided.
Short-selling is when an investor predicts that the price of an asset, such as stocks, commodities or currencies, is going to fall, and agrees to sell that asset in the relevant market at a certain price - without having actually purchased the asset. This lesson includes some short selling examples.
A Side Pocket is a type of account used by hedge funds to separate illiquid investments from other more liquid assets in a portfolio. This lesson discusses the reasons for creating a side pocket and how they are treated.
What you'll learn:
definition of a side pocket
reasons for creating one
how shareholders are affected
issues to be considered when creating a side pocket
A solid understanding of debits and credits will help other aspects of accounting fall into place. This lesson explains debits and credits in detail and gives some tricks for which entries to post.
An option is a contract giving the buyer the right but not the obligation to buy or sell an underlying asset at a specific price on or before a certain date. This lesson covers Options in detail.