Portfolio Management - Theory & Practice
Develop core competencies in portfolio management. Learn how to conduct portfolio performance measurement and attribution. Review portfolio strategies for a variety of asset classes including fixed income, equity and alternatives.
CPE Credits: 14
This course is a component of the Portfolio Management Professional Certificate.
Prerequisite knowledge:
- Intermediate MS Excel skills
- Basic probablility and statistics
- Familiarity with fixed income instruments and concepts
- Familiarity with equity valuation concepts
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To make it even easier to learn, you can finance your program through Affirm.
Loans offered through Affirm are available in the U.S. and Canada.
Module 1: Measuring Risk and Return
- Return: Geometric and Arithmetic
- Holding Period, NAV
- Risk: Standard Deviation; Semi-variance; Correlation; VaR
- Market price of risk: CAPM, APT
- Liquidity risk
- Credit risk
Module 2: Analyzing Portfolio Performance
- Risk adjusted returns: Sharpe, Treynor, Jenson, Sortino, Calmar, Information Ratio
- Behavioral and technical considerations
Module 3: The Investment Decision Making Process
- Balancing risk and reward
- Roles of financial advisors and portfolio managers
- Life cycle investing
- Principle risk and real returns
- Creating portfolios for institutions and individuals
Module 1: Fund Structures
- Fund Types, ETF/Index, SMAs, Synthetic Funds
- Marketing strategies
- Fees, liquidity, regulations
- Industry trends
Module 2: Private Equity
- Venture capital
- Buyout
- Special situations
- Transparency issues
Module 3: Retirement and Estate Planning
- Wealth transfer through trusts
- Gifting
- IRAs, 401Ks and other Issues
- Taxation of Retirement Assets