This course has been designed to fully cover and explain the entire spectrum of the fund management process, with its emphasis and focus on understanding the principles of fund management and the more complex jargon used by fund managers. It considers the implications of recent structural changes in the markets following the ‘credit crisis’ and the effects of an economic slowdown and recovery. If you want to increase the funds under your management, understand and exploit your data to its maximum potential, this course is a must.
Market consensus is that the growth in hedge fund and liquid alternative trading strategies will become a significant part of every investor’s portfolio, replacing the traditional “long only” market tracking error investment paradigm that most large institutional investors currently favour. The Hedge Fund and Liquid Alternative industry is indeed the fastest growing part of the asset management industry and this course is crucial for anyone who wants to be ready for this growth.
Walk away with a clear understanding of the role of performance measurement within asset management firms; what constitutes a good benchmark and appropriate customisation calculations; the full range of risk-adjusted performance measures; attribution analysis and gain the skills needed to identify the differences between money-weighted and time-weighted returns.
The focus of this course will be the understanding and management of risk for the Asset Management business itself rather than specifically the portfolios that they run on
behalf of clients, although this does of course remain a major consideration.
Learn about the key drivers in the financial markets; performance measurement and performance attribution; drivers of global bond returns; valuation of stocks, methods and results; derivatives and investment management; asset liability models and asset allocation styles; global tactical asset allocation models and investor use; risk measurement and risk management and private equity and real estate.
To become a successful institutional investment manager you have to master a lot more than just good asset class selection. Other issues such as investment risk management, asset liability matching, implementing strategies within the constraints of the global investment markets and most importantly the practical challenges of implementing an asset allocation programme all play a pivotal role. With this in mind this course has been designed to provide you with the perfect synergy between theory and practice.