Portfolio Management - Theory & Practice

Creating a portfolio to match client needs and still show risk-adjusted excess returns is challenging in this market. There are many investment strategies and managers can hide true performance problems creating eventual calamities. This course attempts to demonstrate these issues from a theoretical and practical basis with case studies.

08-Mar-2012 -- 09-Mar-2012New YorkUSD$2475
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ V.John Palicka, CFA; ] Thu Fri Level: Intermediate

14-Jun-2012 -- 15-Jun-2012ChicagoUSD$2475
NY Institute of Finance - Chicago9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ V.John Palicka, CFA; ] Thu Fri Level: Intermediate

30-Aug-2012 -- 31-Aug-2012New YorkUSD$2475
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ V.John Palicka, CFA; ] Thu Fri Level: Intermediate

13-Dec-2012 -- 14-Dec-2012New YorkUSD$2475
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ V.John Palicka, CFA; ] Thu Fri Level: Intermediate

CPE CREDITS
14.0
Portfolio managers, money managers, research analysts, client services staff, consultants, individual and institutional investors, private bankers and financial advisors, research staff members of pension boards and plan sponsors.
No advance preparation required.
Basic knowledge of fixed income and equities, or equivalent knowledge. Financial calculator is required. Texas Instruments BA II Plus is recommended.
"John explains investments in very simple terms. Very effective course!"
"This course can easily be applied to my current job. Very effective practical examples."
  • Equity Portfolio Management
  • Stock Investing for Professionals
    • Day 1. Balancing Risk and Reward
    Measuring Risk and Return
    • Major Capital Markets
    • Holding Period, NAV
    • Returns: Geometric and Arithmetic
    • Risks: Standard Deviation; R-Squared; Correlation; Covariance
    • Tradeoffs: Sharpe, Treynor, Jenson, Information Ratio, and other measures growing in importance
    • VARS, Sortino, Calmar, Luck
    • CAPM, APT
    • Alternative Investment Considerations
    • Performance Tricks
    • Cases

    Portfolio Players

    • Buy Side
    • Sell Side
    • Hedge Funds, Private Equity, Commodity Strategies
    • Regulations and Portfolio Managers
    • Styles: Growth/Value, Large/Small, International
    • Fixed Income: Duration, Credit, CDS
    • Fundamental/Technical/Quant/Behavioral

    Efficient Markets

    • The Theories
    • The Evidence
    • Exceptions
    • Behavioral and Technical Considerations
    • Quant and Algorithms

    Efficient Frontiers

    • Balancing Risk and Reward
    • Utility Curves
    • Leverage
    • Index Controversies

    Creating Portfolios For Institutional and Individual Needs

    Day 2. Fund Structures, Financial Planning, Tax Issues, Career Advice
    • Fund Types, ETF/Index, SMAs, Synthetic Funds
    • Marketing Strategies
    • Efficient Market Demands and Funds
    • Fees, Liquidity, Regulations
    • Industry Trends
    • IRAs, Taxes
    • Career Advice

    Clients who register for this course will receive a complimentary 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.)

    Lunch is included for all students taking day classes.