Active Portfolio Management & Asset Allocation Course

Introduction to Active Portfolio Management

• The evolution of portfolio management strategies

• Key differences between passive and active management

• The role of an active portfolio manager

Fundamentals of Asset Allocation

• Types of asset classes and their characteristics

• Strategic vs. tactical asset allocation

• The importance of diversification in risk management

Investment Theories and Approaches

• Modern Portfolio Theory (MPT)

• Capital Asset Pricing Model (CAPM)

• Efficient Market Hypothesis (EMH)

• Behavioral finance in portfolio management

Risk Management in Active Portfolio Management

• Identifying, measuring, and managing different types of risk

• Quantitative techniques for risk management

• Hedging strategies and tools

Active Portfolio Construction

• Asset selection and weighting techniques

• Evaluating and integrating alternative investments

• Managing a multi-asset portfolio

Performance Evaluation and Benchmarking

• Setting benchmarks and comparing portfolio performance

• Key performance metrics (Sharpe ratio, alpha, beta, etc.)

• Attribution analysis and portfolio review

Advanced Asset Allocation Strategies

• Dynamic asset allocation

• Factor investing

• Risk parity and other modern approaches

Case Studies and Real-World Applications

• Analyzing case studies of active portfolio management

• Practical tips for real-world portfolio management

• Adapting strategies to changing economic and market conditions

Structured products

• What are structured products?

• Foreign exchange products

• Certificates

              - Index

              - Basket

              - Comparison with mutual funds

                 - Covered warrants

• Capital guarantee and protection products

             - Vanilla products

             - Portfolio insurance

• Maximum return products

             - Discount certificates

             - Reverse convertibles

• Derivatives

• Exchange Traded Funds – tools for tactical asset allocation

• Ad hoc solutions or part of portfolio construction?