Paperchase Accountancy Senior Analyst II Interview Questions and Answers

Wealth management involves financial planning, investment management, and other financial services to help individuals and families grow and protect their wealth.

• Involves creating a personalized financial plan based on individual goals and risk tolerance

• Includes investment management to grow wealth through various asset classes

• Provides services such as retirement planning, tax planning, estate planning, and risk manage...read more

A hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets.

• Hedge funds are typically only accessible to high-net-worth individuals or institutional investors.

• They often use leverage and derivatives to amplify returns.

• Hedge funds can invest in a wide range of assets including stocks, bonds, commodities, and currencies.

• They aim to genera...read more

Derivative market is a financial market where financial instruments derive their value from an underlying asset.

• Derivatives are contracts between two parties that derive their value from an underlying asset such as stocks, bonds, commodities, currencies, or interest rates.

• Common types of derivatives include futures, options, swaps, and forwards.

• Derivative markets are used for hedging, speculation, and arbitrage.

• Partici...read more

A derivative is a financial contract whose value is derived from the performance of an underlying asset, index, or rate.

• Derivatives can be used for hedging, speculation, or arbitrage

• Common types of derivatives include options, futures, forwards, and swaps

• Options give the holder the right, but not the obligation, to buy or sell an asset at a specified price before a certain date

• Futures are contracts to buy or sell an as...read more