Institutional Portfolio Management
Many theoretical building blocks underpinning the history of Portfolio Management have been sorely tested in recent years. Are Markets ’Efficient’? Do we live in a statistically ‘Normal’ world? What happened to ‘Risk Free Rates of Return’? These important issues will be addressed, from a practical perspective, to understand how today’s Managers deal with such challenges.
Purpose of the Seminar
Understanding how Portfolio Managers navigate the Financial Markets is key to this programme. The management of Investor expectation is as important as the management of their funds.
- Efficient Markets – Are they? Are Investors rational?
- Behavioural Finance & its impact on current thinking
- Performance Measurement & Attribution (Excel tool)
- Trading or Investing? A look at Share Turnover Velocities
- Beta and the search for Alpha – The Fund Manager’s holy grail. Smart Beta
- What is the Equity Risk Premium? The lessons of history; a guide for the future?
- Investing in Bonds. What happened to risk free Sovereigns?
- The problems unique to Pension Funds – Demographics & Future Liabilities
- Investing in Equities – The risky Asset Class
- What exactly comprises ‘Alternative’ Investments?
- Diversification vs Correlation. How much does Asset Allocation matter?
- Exchange Traded Funds – the new Investing paradigm
- Volatility – Statistical probability and the dispersion of returns
- Do we live in a ‘Normal’ world?
- Fat Tails in Finance & Black Swans explained
- Sharpe Ratios – Risk adjusted performance measurement
- Portfolio Optimisation and rebalancing (Excel tool)
- Using Derivatives in Portfolio Management
Expected Outcomes
Participants can expect to take away the following –
- Excel tools to measure Performance attribution & Portfolio optimization
- Understanding of the limitations of historical Risk Free Returns & Equity Risk
- Premiums in Portfolio planning today
- Thorough appreciation of how Risk is both measured & managed in a Portfolio
- An understanding of how Investor psychology impacts onto decision making
- An understanding of which Derivatives products are used & why by today’s Portfolio Managers
- An appreciation of what is available in the ‘Alternative’ investment space – Private Equity, Hedge Funds
DATE: 20, 21 June
DURATION: 14 hours
LOCATION: EIMF Training Centre, Nicosia
TIME: 09:00 – 17:15
FEES: €320 + VAT
| Start Date | Course Title | Location | CPD Units | Status |
|---|---|---|---|---|
| 21 March | Understanding the role and responsibilities of the depository under AIF, UCITS and AIFLNPs | Nicosia | 5 | COMPLETED |
| 27 March | Overview of the Cyprus Fund Sector: A legal Operational Approach | Nicosia | 5 | COMPLETED |
| 23 April | Fund Administration A to Z | Nicosia | 6 | UPCOMING |
| 10 May | Regulation (EU) 2017/1131 on money market funds | Nicosia | UPCOMING | |
| 12 May | Prospectus Law and Public Takeovers | Nicosia | UPCOMING | |
| 17 May | Packaged Retail and Insurance-based Investment Products (PRIIPs) | Nicosia | UPCOMING | |
| 22 May | Investment Fund Operations & Administration | Nicosia | 5 | UPCOMING |
| 29 May | Alternative Investment Funds (AIF), AIFMD, and Undertakings for Collective Investment in Transferable Securities (UCITS) | Nicosia | 6 | UPCOMING |
| 14 June | Compliance in the Financial Services Sector – the Compliance Function in Practice | Limassol | 10 | UPCOMING |
| 18 June | Understanding and Negotiating ISDA Master Agreement OTC Documentation | Nicosia | UPCOMING |
Who should attend:
- Graduates aiming for a career in Portfolio Management
- New starters in Portfolio Management
- Regulators responsible for Portfolio Managers
- FinTech professionals selling Products & Services to Portfolio Managers
- Professional Investment Advisers
- Compliance Professionals working in Portfolio Management
- Financial Journalists
Registration Form
If you need help completing the online registration form, please give us a call at 2227 4470 or email us at info@eimf.eu
In-House Training
If you would like to discuss bringing this or another topic to your organization on an in-house basis please call us at 22274470 or email us at info@eimf.eu.
Online Training
Our E-Learning Platform is ever-expanding with new titles being launched constantly. Please visit us at eimf.matrixlms.com
Instructor: Paul Meadows
Paul started his Investment Management career at Royal Insurance in 1983. Following successful completion of the Society of Investment Analysts Associateship, Paul joined the small team managing Royal’s in-house long term UK Equity portfolios. In 1990, following the lifting of exchange controls in Stockholm, he joined the Swedish insurer Trygg-Hansa’s London start-up operation to manage its UK Equity exposure.
In 1994 Paul moved into the Private Client arena, as part of the Investment Unit of Lloyds Private Banking & over a two year period diversified away from an exclusive analytical/Fund Management role to incorporate an extensive presentational package on the Bank’s investment strategy delivered ‘on the road’ to its network of offices around the country. In 1996 Paul took the opportunity offered by the Bermuda-domiciled Bank of Butterfield to head up the global Equity research effort in London in support of the Bank’s (offshore) private client base. While his freelance financial training commitments grew, Paul had a spell with an international high-risk security company analysing the operations of quoted oil & mining corporates worldwide. In 2000 Paul moved into full time training with DC Gardner, the in-house tailored training arm of Euromoney Institutional Investor, specialising in Fund Management, Equity Markets, Private Banking & Hedge Funds.