Course Overview
“Portfolio” is designed to give a thorough understanding of the business of investment management; structure, governance issues, creation and management of portfolios, understanding of various asset classes, performance measurement, benchmark selection, investor profiles and much more.
Course Objectives
- participants will understand the business of asset management, structure and governance of a portfolio
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they will gain insight into optimal asset allocation, portfolio immunisation, performance measurement and attribution
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participants will be exposed to the structural changes & trends that are shaping the industry and the emotional factors that shape clients’ decisions
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they will also learn about investment strategies and portfolio risk management using derivative contracts
Duration – 5 Days
Curriculum
Understanding the Asset Management Function
The Nigerian Financial Market Landscape
Introduction to Portfolio Management Investing vs Financing, Role of Governance in Effective Portfolio Management
The Portfolio Management Process Investment Philosophies, Understanding Investor Objectives and Expectations, Defining Risk Appetite, Preparing the Investment Policy Statement, Portfolio Construction & Maintenance, Portfolio Optimisation – Factor Model, Determining Appropriate Benchmarks
Modern Portfolio Theory Economic Drivers, The Role of Liquidity & Sentiments
Investment Products & Instruments – Pricing/Trading/Risks Money Market, Fixed Income, Equities, REITs
Introduction to Alternative Asset Classes Credit–Structured Products, Mutual Funds, Hedge Funds, Private Equity
Performance Measurement - GIP Standards & GuidanceTime-Weighted, Dollar Weighted
Performance Attribution & Analysis
Bond Portfolio Immunisation
Investment Management Styles
Behavioural Finance in Portfolio Management
