Course overview
This course is an in-depth study of investment portfolios: the theory behind them, construction techniques, asset classes employed and their management. Asset classes examined in the context of portfolio construction will include Equities and Fixed Income Securities from the developed markets. Course participants will enhance their knowledge of the theoretical foundations of asset pricing, market efficiency and the Modern Portfolio Theory (MPT). Students will then be exposed to the managed funds industry and be required to apply their knowledge to understand the process of developing, managing, and evaluating these investment vehicles. Students will also be exposed to the structure of the Asset Management companies.
- Modern Portfolio Theory and its Implementation.
- Passive and Active Portfolio Construction
- Quantitative and Qualitative performance measure
- Investment Company Structure
Course learning outcomes
- Demonstrate understanding of the Modern Portfolio Theory and the Mean-Variance Framework and demonstrate its implementation.
- Create an Investment Portfolio, test its ability to achieve Investment Objectives.
- Analyse Core Asset classes based on their characteristics and performance over economic and business cycles
- Evaluate both quantitatively and qualitatively a selection of US Equity and Fixed Income Securities Mutual Funds
- Compare and evaluate Active and Passive investment strategies, and associated issues, benefits, and costs
- Understand the structure of Investment Companies
Degree list
The following degrees include this course