Course overview
This course is taught by both academic and industry instructors and focuses on the Wealth Management industry in the Asia Pacific region. It explores the needs of high net worth investors and the asset classes that they invest in. It examines diversification of risk management and portfolio performance measurement. The vital importance of asset allocation, both strategic and tactical are explained and workshopped. The rapid growth of private banking and family offices are explored in detail. Private Banking is an exclusive subset of wealth management. We will examine traditional services offered by private banks as well as the newer solutions in this space. Emphasis will be placed on understanding the client segmentation strategies of private banks in Asia. In addition, we explore the needs, behaviours and investment strategies of the HNW and UHNW clients with a focus on China, Singapore, Hong Kong, Australia and India, that the Private Banks seek to serve with such solutions.
Course learning outcomes
- Understand behaviour of traditional/core and alternative asset classes and the role they play in investors' portfolios.
- Examine the importance of asset allocation and how this relates to the investment strategies of firms and individuals
- Determine the core requirements of portfolio construction and read mutual fund performance reports in order to provide a recommendation on the choice of funds.
- Identify the key trends that are shaping the wealth management industry, private banking and the needs and behaviours of HNW and UWNI clients. Global issues are explored with emphasis placed on Asia Pacific examples.
- Compare the structures, operations, solutions and strategies of Private Banks in the Asia Pacific region