Fund Dealing

Definition ∞ Fund Dealing refers to the operational processes involved in the subscription, redemption, and transfer of units or shares in investment funds. This encompasses all administrative activities related to investor transactions, including order placement, settlement, and record-keeping. Efficient fund dealing is essential for maintaining liquidity and investor confidence in asset management products. It ensures accurate and timely processing of investment flows.
Context ∞ The current state of Fund Dealing is experiencing significant technological advancements, with increasing interest in tokenization and distributed ledger technology to streamline processes. A key debate involves the potential for blockchain to reduce operational costs and enhance transparency in fund administration, contrasting with existing, often manual, systems. Critical future developments include the adoption of smart contracts for automated fund operations and the creation of digital marketplaces for tokenized fund units, aiming for greater efficiency and accessibility.