INTRODUCTION
The course will focus on the application of financial theory to the issues and problems of investment management. Topics will include portfolio optimization and asset allocation, the basics of bond pricing and debt portfolio management, the theory of asset pricing models and their implications for investment as well as techniques for evaluating investment management performance. The course will build upon the analytical skills developed in Financial Management. Prerequisites: Financial Management and a working knowledge of statistics. Spreadsheet proficiency is essential
PROGRAMME OBJECTIVES
- Understanding the Investment Management and investment management industry
- Understanding why asset allocation matters
- Being familiar with assessing performance of asset classes
- Learning how to choose an optimal portfolio and safety‑first selection criteria
- Focusing on liabilities: Optimization in the surplus framework
- Factoring models and methods
WHO SHOULD ATTEND?
- Financial managers
- Financial controllers
- Finance department heads, chief financial officers
- Accounting managers, senior finance officers, accountants
- Finance staff and analysts
PROGRAM OUTLINE
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- Introduction to investment management
- The key elements of portfolio management
- Asset allocation
- Rebalancing
- Strategic asset allocation
- Dynamic asset allocation
- Introduction to investment management
- The key elements of portfolio management
- Asset allocation
- Rebalancing
- Strategic asset allocation
- Dynamic asset allocation
- Portfolio management styles
- Value/cost performance metrics
- Estimated commercial value
- Portfolio value vs. Cost
- Strategic bucket budgeting
- Portfolio management styles
- Value/cost performance metrics
- Estimated commercial value
- Portfolio value vs. Cost
- Strategic bucket budgeting
- Capital vs. Expense charts
- Effort hours and RIO
- Strategic alignment metrics
- Effort hours by strategic category
- Continuous improvement
- Capital vs. Expense charts
- Effort hours and RIO
- Strategic alignment metrics
- Effort hours by strategic category
- Continuous improvement
- Selecting Project Portfolio Components
- Resource Availability
- Prioritizing Portfolio Components
- Balancing the Project Portfolio
- Providing Investment Oversight
- Selecting Project Portfolio Components
- Resource Availability
- Prioritizing Portfolio Components
- Balancing the Project Portfolio
- Providing Investment Oversight
- Portfolio selection and risk management
- Measuring returns
- Measuring risk
- Maximizing the Sharpe ratio
- Illiquid assets
- Portfolio selection and risk management
- Measuring returns
- Measuring risk
- Maximizing the Sharpe ratio
- Illiquid assets
