Statestreet HCL Services Interview Questions, Process, and Tips

NAV calculation and bank reconciliation are important processes in finance.

• NAV calculation involves determining the net asset value of a fund or investment portfolio.

• Bank reconciliation is the process of comparing a company's bank statement with its own accounting records to ensure accuracy.

• NAV calculation is important for investors to understand the value of their investments.

• Bank reconciliation helps identify discrep...read more

Hedge funds are alternative investment vehicles that use various strategies to generate high returns. Valuation is the process of determining the worth of an asset. Management fee is a fee charged by hedge fund managers for managing the fund.

• Hedge funds are not regulated by the SEC and are only available to accredited investors.

• Valuation can be done using various methods such as discounted cash flow, market multiples, ...read more