{"product_id":"handbook-of-investment-administration-isbn-9780470033623","title":"Handbook of Investment Administration","description":"Investment Administration has a key role to play in the many and varied investment products and services that are available in the retail investment marketplace. Kevin Rothwell’s \u003ci\u003eHandbook of Investment Administration\u003c\/i\u003e provides a comprehensive and readable source of both background and practical information for the practitioner. The Handbook takes the main aspects of investment administration and drills down into the detail of these from a retail perspective. It covers areas that are unique to the private client business such as trusts. It explains the background on why processes are undertaken providing as essential reference aid for the practitioner.  \u003cp\u003eKey features include:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eA full range of Investment Administration functions from New Business to Settlement through to Corporate Actions.\u003c\/li\u003e \u003cli\u003eSpecialist areas such as Trusts and Charities are covered in depth.\u003c\/li\u003e \u003cli\u003eConcise introduction to each subject providing interesting background information, followed by a detailed review.\u003c\/li\u003e \u003cli\u003eEssential reading for candidates undertaking Securities \u0026amp; Investment Institute IAQ exams examinations.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAbout the Author xiii\u003c\/p\u003e \u003cp\u003eIntroduction xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I: Introductory Elements 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Wealth Management 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1 Introduction 4\u003c\/p\u003e \u003cp\u003e1.2 Wealth management market 5\u003c\/p\u003e \u003cp\u003e1.3 Types of business 7\u003c\/p\u003e \u003cp\u003e1.4 Investment services and products 11\u003c\/p\u003e \u003cp\u003e1.5 Investment firms 19\u003c\/p\u003e \u003cp\u003e1.6 Investment administration 27\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II: Investment Administration 31\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 New and Closing Business 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1 Introduction 34\u003c\/p\u003e \u003cp\u003e2.2 New business 35\u003c\/p\u003e \u003cp\u003e2.3 Client types 38\u003c\/p\u003e \u003cp\u003e2.4 Know your customer 42\u003c\/p\u003e \u003cp\u003e2.5 Agreements 46\u003c\/p\u003e \u003cp\u003e2.6 Account opening 47\u003c\/p\u003e \u003cp\u003e2.7 Money laundering 49\u003c\/p\u003e \u003cp\u003e2.8 Validating the assets 52\u003c\/p\u003e \u003cp\u003e2.9 Transferring assets 55\u003c\/p\u003e \u003cp\u003e2.10 Raising assets 57\u003c\/p\u003e \u003cp\u003e2.11 Closing business and transfers 59\u003c\/p\u003e \u003cp\u003e2.12 Death of a client 67\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 Trading 77\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1 Introduction 78\u003c\/p\u003e \u003cp\u003e3.2 Stock market developments 79\u003c\/p\u003e \u003cp\u003e3.3 Equity trading 81\u003c\/p\u003e \u003cp\u003e3.4 Bond trading 94\u003c\/p\u003e \u003cp\u003e3.5 Regulation 100\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Settlement 107\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4.1 Introduction 108\u003c\/p\u003e \u003cp\u003e4.2 Fundamentals of settlement 108\u003c\/p\u003e \u003cp\u003e4.3 Settlement process 123\u003c\/p\u003e \u003cp\u003e4.4 UK settlement 129\u003c\/p\u003e \u003cp\u003e4.5 International settlement 145\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Corporate Actions 151\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1 Introduction 152\u003c\/p\u003e \u003cp\u003e5.2 Corporate actions industry 152\u003c\/p\u003e \u003cp\u003e5.3 Types of event 154\u003c\/p\u003e \u003cp\u003e5.4 Private client corporate action processing 160\u003c\/p\u003e \u003cp\u003e5.5 Corporate events 172\u003c\/p\u003e \u003cp\u003e5.6 Income events 190\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III: other Considerations 207\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Custody 209\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1 Introduction 210\u003c\/p\u003e \u003cp\u003e6.2 Protection of client assets 210\u003c\/p\u003e \u003cp\u003e6.3 Segregation of safe custody assets 211\u003c\/p\u003e \u003cp\u003e6.4 Use of a custodian 212\u003c\/p\u003e \u003cp\u003e6.5 Nominee companies 213\u003c\/p\u003e \u003cp\u003e6.6 Global custodians 215\u003c\/p\u003e \u003cp\u003e6.7 Selecting a custodian 216\u003c\/p\u003e \u003cp\u003e6.8 Custody agreements and SLAs 218\u003c\/p\u003e \u003cp\u003e6.9 Reviewing the suitability of custodians 221\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 Tax 225\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7.1 Introduction 226\u003c\/p\u003e \u003cp\u003e7.2 Income tax 226\u003c\/p\u003e \u003cp\u003e7.3 Tax treatment of dividends 231\u003c\/p\u003e \u003cp\u003e7.4 Capital gains tax 238\u003c\/p\u003e \u003cp\u003e7.5 Residence and domicile 247\u003c\/p\u003e \u003cp\u003e7.6 Withholding tax 250\u003c\/p\u003e \u003cp\u003e7.7 EU savings directive 256\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Powers of Attorney 259\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8.1 Introduction 260\u003c\/p\u003e \u003cp\u003e8.2 Background 260\u003c\/p\u003e \u003cp\u003e8.3 Parties and terminology 261\u003c\/p\u003e \u003cp\u003e8.4 Enduring power of attorney 263\u003c\/p\u003e \u003cp\u003e8.5 Receiverships 269\u003c\/p\u003e \u003cp\u003e8.6 Mental capacity act 2005 273\u003c\/p\u003e \u003cp\u003e8.7 Administration 275\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Outsourcing 285\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9.1 Introduction 286\u003c\/p\u003e \u003cp\u003e9.2 Development of outsourcing 287\u003c\/p\u003e \u003cp\u003e9.3 Risks associated with outsourcing 289\u003c\/p\u003e \u003cp\u003e9.4 Regulatory principles 294\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV: Investment Accounts And Products 303\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10 Individual Savings Accounts (isas) 305\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e10.1 Introduction 306\u003c\/p\u003e \u003cp\u003e10.2 Development of ISAs and PEPs 306\u003c\/p\u003e \u003cp\u003e10.3 Organisation and regulation 308\u003c\/p\u003e \u003cp\u003e10.4 Individual savings accounts 314\u003c\/p\u003e \u003cp\u003e10.5 Allowable investments 318\u003c\/p\u003e \u003cp\u003e10.6 New and closing business 319\u003c\/p\u003e \u003cp\u003e10.7 Voids and repairs 326\u003c\/p\u003e \u003cp\u003e10.8 Residence 329\u003c\/p\u003e \u003cp\u003e10.9 Investor reporting 332\u003c\/p\u003e \u003cp\u003e10.10 Reform of the ISA regime 336\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11 Collective Investment Schemes 339\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e11.1 Introduction 340\u003c\/p\u003e \u003cp\u003e11.2 Regulation of UK funds 341\u003c\/p\u003e \u003cp\u003e11.3 Types of UK funds 344\u003c\/p\u003e \u003cp\u003e11.4 Fund administration 349\u003c\/p\u003e \u003cp\u003e11.5 Pricing 350\u003c\/p\u003e \u003cp\u003e11.6 Dealing and settlement 355\u003c\/p\u003e \u003cp\u003e11.7 Share register 357\u003c\/p\u003e \u003cp\u003e11.8 Dividend and interest distributions 358\u003c\/p\u003e \u003cp\u003e11.9 Investor reporting 360\u003c\/p\u003e \u003cp\u003e\u003cb\u003e12 Trusts 363\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e12.1 Introduction 364\u003c\/p\u003e \u003cp\u003e12.2 Development of trusts 364\u003c\/p\u003e \u003cp\u003e12.3 Fundamentals of trusts 367\u003c\/p\u003e \u003cp\u003e12.4 Investment administration 386\u003c\/p\u003e \u003cp\u003e\u003cb\u003e13 Charities 399\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e13.1 Introduction 400\u003c\/p\u003e \u003cp\u003e13.2 What is a charity? 400\u003c\/p\u003e \u003cp\u003e13.3 Legal background to investment by charities 402\u003c\/p\u003e \u003cp\u003e13.4 Trustee investment powers and duties 406\u003c\/p\u003e \u003cp\u003e13.5 Investment policy 411\u003c\/p\u003e \u003cp\u003e13.6 Appointing an investment manager 413\u003c\/p\u003e \u003cp\u003e13.7 Common investment funds 415\u003c\/p\u003e \u003cp\u003e13.8 Use of nominees and custodians 416\u003c\/p\u003e \u003cp\u003e\u003cb\u003e14 Self-invested Personal Pensions 419\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e14.1 Introduction 420\u003c\/p\u003e \u003cp\u003e14.2 Development of SIPPs 421\u003c\/p\u003e \u003cp\u003e14.3 What is a SIPP? 423\u003c\/p\u003e \u003cp\u003e14.4 Setting up a SIPP 425\u003c\/p\u003e \u003cp\u003e14.5 Eligibility and contributions 426\u003c\/p\u003e \u003cp\u003e14.6 Permitted investments 426\u003c\/p\u003e \u003cp\u003e14.7 Benefits 428\u003c\/p\u003e \u003cp\u003e\u003cb\u003e15 Derivative Products 431\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e15.1 Introduction 432\u003c\/p\u003e \u003cp\u003e15.2 Types of derivatives 433\u003c\/p\u003e \u003cp\u003e15.3 Uses of derivates 438\u003c\/p\u003e \u003cp\u003e15.4 Derivatives markets 440\u003c\/p\u003e \u003cp\u003e15.5 Structured products 444\u003c\/p\u003e \u003cp\u003e15.6 Covered warrants 451\u003c\/p\u003e \u003cp\u003e15.7 Exchange traded commodities 457\u003c\/p\u003e \u003cp\u003e15.8 Contracts for difference 459\u003c\/p\u003e \u003cp\u003eGlossary 463\u003c\/p\u003e \u003cp\u003eBibliography 481\u003c\/p\u003e \u003cp\u003eReading Material 483\u003c\/p\u003e \u003cp\u003eIndex 487\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e  \u003cb\u003eKevin Rothwell\u003c\/b\u003e has spent his entire working life within the Financial Services Industry and his hands-on experience has given him a detailed knowledge of such areas as private client investment management, investment administration and dealing, settlement and custody. He has held senior posts in both front office and back office positions with and has undertaken a varied portfolio of investment projects.   \u003cp\u003eMore recently Kevin has set up his own company that excels in providing specialised and bespoke consultancy and training for a number of large financial institutions both at home and abroad. \u003c\/p\u003e \u003cp\u003eAlready a Fellow of the Securities and Investment Institute, he was delighted to have been made a Senior Technical Advisor for them. As well as teaching towards the Securities and Investment Institutes post-graduate Diploma in Investment Operations, Kevin is also the author of \u003ci\u003eInternational Certificate in Financial Advice Workbook\u003c\/i\u003e which is published by the SII.\u003c\/p\u003e  Investment Administration has a key role to play in the many and varied investment products and services that are available in the retail investment marketplace. Kevin Rothwell’s \u003ci\u003eHandbook of Investment Administration\u003c\/i\u003e provides a comprehensive and readable source of both background and practical information for the practitioner. The Handbook takes the main aspects of investment administration and drills down into the detail of these from a retail perspective. It covers areas that are unique to the private client business such as trusts. It explains the background on why processes are undertaken providing as essential reference aid for the practitioner.  \u003cp\u003eKey features include:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eA full range of Investment Administration functions from New Business to Settlement through to Corporate Actions.\u003c\/li\u003e \u003cli\u003eSpecialist areas such as Trusts and Charities are covered in depth.\u003c\/li\u003e \u003cli\u003eConcise introduction to each subject providing interesting background information, followed by a detailed review.\u003c\/li\u003e \u003cli\u003eEssential reading for candidates undertaking Securities \u0026amp; Investment Institute IAQ exams examinations.\u003c\/li\u003e \u003c\/ul\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989335589093,"sku":"NP9780470033623","price":92.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470033623.jpg?v=1761783714","url":"https:\/\/k12savings.com\/es\/products\/handbook-of-investment-administration-isbn-9780470033623","provider":"K12savings","version":"1.0","type":"link"}