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.

26-Jun-2008 -- 27-Jun-2008New YorkUSD$2375
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ John Palicka; ] Thu Fri Level: Intermediate
CPE Credits: 14

31-Jul-2008 -- 01-Aug-2008ChicagoUSD$2375
NY Institute of Finance - Chicago9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ John Palicka; ] Thu Fri Level: Intermediate
CPE Credits: 14

20-Nov-2008 -- 21-Nov-2008New YorkUSD$2375
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ John Palicka; ] Thu Fri Level: Intermediate
CPE Credits: 14

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.
  • Equity Portfolio Management
  • Essentials of 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 6 month subscription to the Financial Times and FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. Subscriptions will start within 6-8 weeks of the application process and are limited to one per client. For questions about your subscriptions call 800-628-8088 or email uscirculation@ft.com. US and Canada enrollees only.

    Lunch included for all students taking day classes.