09:00 – 10:15 | Investing Philosophy:

• The Time Value of Money
• Investment Philosophy
• Risk and Return

10:15 – 10:30 | Coffee Break

10:30 – 12:00 | Setting Financial Objectives:

• The corporate and WACC
• The private individual
• The Asset Management Industry
• The Time Horizon and Expected Return
• Strategic Fit with the Market Environment
• Risk Tolerance

12:00 – 13:00 | Lunch Break

13:00 – 14:45 | Markets and Efficiency:

• The Different Types of Markets
• Equity Market
• Fixed Income and Money Market
• Foreign Exchange
• Derivatives
• Commodities
• Real Estate
• Funds and Hedge Funds
• Private Equity

14:45 – 15:00 | Coffee Break

15:00 – 17:00 | Market Theory:

• Perfect Markets Theory
• Efficient Market Theory (EMH)
• Agency Theory
• Signaling Theory
• Portfolio Theory

09:00 – 10:30 | Global Risk and Financial Drivers:

• Sovereign and Emerging
• Central Banking
• Economy
• Systemic Risk
• Regulation
• Corporate Governance
• Supranational
• Foreign Direct Investment

10:30 – 10:45 | Coffee Break

10:45 – 12:00 | Other Global Risk Drivers:

• Science, Technology, Energy Security, Natural Resources and Hazards, Climate Change
• Terrorism and conflicts, Societal Risk, Supply Chain Risk

12:00 – 13:00 | Lunch Break

13:00 – 14:15 | Market Outlook:

• A framework for Developing Capital Market expectations
• Determine The Market Outlook
• Market Expected Returns and Benchmarks

14:15 – 14:30 | Coffee Break

14:30 – 17:00 | Asset Allocation:

• Asset Allocation
• Strategic versus Tactical Asset Allocation
• Return objectives and Strategic Asset Allocation
• The selection of Asset Classes
• The Steps in Asset Allocation
• Optimisation
• Implementing Strategic Asset Allocations
• Tactical Asset Allocation

09:00 – 10:30 | Fixed Income Portfolio Management:

• Framework for Fixed-Income Portfolio Management
• Managing against a Bond Market Index
• Managing Against Liabilities
• International Bond Investing

10:30 – 10:45 | Coffee Break

10:45 – 12:00 | Equity Portfolio Management:

• Approaches to Equity Investment
• Passive Equity Investing
• Active Equity Investing
• Equity research and security selection

12:00 – 13:00 | Lunch Break

13:00 – 14:15 | Risk Management:

• Risk Management and Governance
• Risk Management Framework
• Identifying Risks
• Identifying Risks by Asset Class
• Measuring Risk
• Managing Risk

14:15 – 14:30 | Coffee Break

14:30 – 15:30 | Execution of Portfolio Decisions:

• The Context of Trading
• The Cost of Trading
• Types of Trades and Order Types
• Trade Execution, Decision and Tactics

15:30 – 16:30 | Performance and Rebalancing:

• Monitoring the Portfolio
• Rebalancing the Portfolio
• Performance Evaluation
• Performance Measurement
• Benchmarks
• Performance Attribution

16:30 – 17:00 | Global Investment Performance Standards (GIPS):

• Background to GIPS
• Provisions of the GIPS Standard