Assets and Holdings are the DNA of the portfolio.
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What are Assets and Holdings in Copia?
Assets store the basic information about an investment, such as the type, currency, tags, documents and domiciled country. An asset requires a holding to be useful. Assets can have many holdings spanning managers, entities and accounts.
Holdings are where assets come to life. Holdings represent the relationships between managers, trigger whether capital calls occur, and make the connection between accounts and the day-to-day data flow. They are also where transactions and market observations are recorded.
How to Add Assets/Holdings Tutorial:
There are three principal ways to add an Asset within Copia:
- Manually through the Back Office
- Import via spreadsheet
- Add via an institutional connection
Adding Assets/Holdings Manually
One way to add an Asset is to simply add it manually.
In order to add an asset, go to the back office and navigate to the assets page, and select "add asset"
Next, fill in some basic details about the asset. At a minimum, you'll need to select an asset class and give your asset a name. It's good practice to use short names, but you can change these at any time. If the asset is publicly traded, entering its ticker symbol enables the system to automatically generate daily Market Observations. When ready, click Publish Changes.
Let's now give this Asset a holding.
In order to create a holding, simply navigate to the holdings tab under an Asset.
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Best Practices
- Remember that transactions and market values are stored in holdings
- Holdings are often used to differentiate ownership (for example a real estate deal where several entities have contributed to the deal)
- Holdings can also be used to distinguish GP, LP or Fees on an asset, or to represent different stakes in an asset
From there, click the holding tab where you will find a list of holding already associated with the asset. In order to add a new holding simply click the '+Add Holding' button in the top right hand corner.
Finally, fill in details for the holding. At minimum, you must have a holding name, account, manager and inception date. You can also configure whether this asset has capital calls (and input the capital commitment.)
That's it! You can now go to the holding details and update transactions, enter market observations, manage capital calls view metrics for this asset. The holdings for the associated account will also show up in the account view, and the manager view.
Adding Assets/Holdings via Spreadsheet Import
Adding Assets/Holdings via Institutional Connection