International Investment and Wealth Management
Name: Principles of Investment and Wealth Management
Components: 4 Seminar Presentations
Duration: 28 hours
The economic crisis that hit Cyprus in the last couple of years, has led to massive losses in wealth for institutions as well as individuals, combined with steep rises in unemployment. Unfortunately a lot of mistakes have been committed that led us to this dire situation. Going forward, what has become obvious given the circumstances that we are experiencing is the need for finance managers/professionals to have a deep understanding of financial asset markets and products that would allow them to make wise decisions in regards to their investment strategies.
The aim of this seminar is to ensure that participants gain a deep understanding of the principles of investment management, and the tools of the trade – the different asset classes, the markets, investment analysis that includes financial mathematics and statistics, portfolio management and performance measurement.
Goals:
The seminar is divided into elements, each of which is subdivided into separate subjects, which, in turn, are made up of the following learning objectives:
- Managing investments
- Advising on and/or dealing in securities and derivatives
- Managing investments in relation to venture capital investments
- Advising on investments in the course of corporate finance business
- Overseeing administration functions in relation to managing investments
- Undertaking activities as a broker fund advisor
Certification:
The candidates who will complete the program successfully will be awarded a ‘Certificate of Training’, stating that the Cyprus Human Resource development Authority approves the program.
OUTLINE:
Section 1:
THE FINANCIAL SERVICES INDUSTRY
- The Purpose and Structure of the Financial Services Industry
- Macroeconomic Analysis
- Microeconomic Theory
Financial markets
Section 2:
INDUSTRY REGULATION
- Financial Services Regulation
- Financial crime
Corporate Governance
Section 3:
FINANCIAL MATHEMATICS AND STATISTICS
- Measures of central tendency
- Measures of dispersion
- Correlation/covariance between variables
- Use of regression analysis
- Time value of money
Section 4:
ASSET CLASSES AND INVESTMENT STRATEGIES
- Equities
- Fixed-Income securities
- Characteristics and risks of different classes of share capital for both private and public companies
- Main characteristics and reasons for issuing convertible preference shares
Section 5:
ASSET CLASSES AND INVESTMENT STRATEGIES
- Cash & money market instruments
- Derivatives
- Property
- Alternative investments
- The main characteristics of GDRs and ADRs
- The different new issue methods
Section 6:
FINANCIAL MARKETS
- Primary vs. secondary markets
- International markets
- Foreign exchange
- Risks of cash deposits and money market instruments
- Why companies obtain listings on overseas stock exchanges
Section 7:
INVESTMENT ANALYSIS
- Fundamental and technical analysis
- Yields and ratios
- Valuation
Section 8:
PORTFOLIO MANAGEMENT
- Risk and return
- The role of the portfolio manager
- Fund characteristics
- The role of cash and money market instruments in a portfolio
- Modern Portfolio Theory (MPT) and the need for diversification
- The Efficient Markets Hypothesis (EMH)
- Measurement and evaluation of performance and the purpose and requirements of annual and periodic reviews
Section 9:
PERFORMANCE MEASUREMENT
- Performance benchmarks
- Weighting methods and the differences between a single and a composite (synthetic) benchmark
- Performance attribution
- The total return and its components
- How to calculate the deviations from a performance benchmark
- Performance measures
- How to calculate the money weighted rates of return (MWR)
- How to calculate the time weighted rates of return (TWR)
- The concepts of alpha and beta
Section 10:
LIFETIME FINANCIAL PROVISION
- Retirement planning
- Protection planning
- Estate planning and Trusts
- Business Tax
- Personal Tax
Overseas Taxation
