As year-end approaches, fund managers and valuation professionals must evaluate how changing market conditions, portfolio performance, and available market data affect the fair value of portfolio investments. Join CBIZ for a practical discussion about the factors influencing year-end valuation conclusions, including calibration, back-testing, credit and capital market conditions, and evolving regulatory expectations.
Presenters will discuss how valuation approaches may vary by asset type and the availability of observable market information. The session will also explore the importance of consistent methodologies, well-supported assumptions, effective governance, and clear documentation when developing and reviewing year-end marks.
Learning Objectives:
After completing this course, you will be able to:
- Identify key market, credit, portfolio-specific, and regulatory factors that may influence year-end valuation conclusions.
- Explain how calibration and back-testing can be used to evaluate valuation assumptions and assess changes from prior measurement dates.
- Evaluate how the availability and reliability of market data may affect the selection of valuation methodologies, inputs, and assumptions across different asset types.
- Recognize documentation, governance, and consistency considerations that support a well-developed and defensible year-end valuation process.