Events

The specialized investment fund (fis)

1390 €

at 0.7 KM
IFE Follow

Training
Business
Investment
Legislation
Finance
Legal
Taxation

wed. 5 Jun.

thu. 6 Jun.

thu. 21 Nov.

fri. 22 Nov.

Resetting the FIS in the Luxembourg landscape of investment funds
• Practical analysis of the Luxembourg system of investment funds.
• Understand the way FIS operates as a powerful tool for managing alternative investments.
• Understand the changes in the AIFM law to take advantage of them.
• Compare FIAR and FIS and use them wisely

Master the operation of the FIS and the interest of using it
• Determine the type of vehicle according to the type of investor.
• Eligible assets.
• Differentiate listed, unlisted and alternative investments.
• Investment rules.
• The role of the CSSF in the FIS approval procedure.
• Assess the usefulness of using SIFs for a promoter on the one hand and for an investor on the other.

Practical exercise: the steps to follow to set up an FIS.

Define mandatory stakeholders and understand their respective roles and responsibilities
• Audit.
• Depositary bank.
• Central administration.
• The respective responsibilities and the interactions between these different actors.
• Establishment and control of risk management procedures.

Identify investment strategies
• Focus on important points.
• Identify the roles of the Investment Manager and the Risk Manager.
• Measure the issues and impacts of the AIFM law supplementing that on the FIS.
• Understand complex editing with SOPARFI and SPV.

Practical exercise: example of an SIF investing in an alternative asset class.

Good to know

objectives
Understand the operation of specialized investment funds. Know the rules applicable to these vehicles to take advantage of their great versatility and structure them according to the objectives of the promoter or the investor.

For who ?
Anyone wishing to have a good knowledge of FIS and, in particular, lawyers, people active in investment funds, financiers, wealth managers and lawyers.

Prerequisites

Acquired skills:
At the end of the training, you will master the new rules applicable on the basic principles of structuring of Luxembourgish FIS and will be able to advise effectively on the rules applicable to this type of vehicle.