Portfolio Management


4 locations available

Program Description

This program examines the latest research on investment strategies. Although the program primarily focuses on quantitative strategies in U.S. equities, the basic principles can be applied to other assets and to the international arena.

The program will expose investment professionals both to fundamental concepts in portfolio management and to cutting-edge research – including new research in behavioral finance. Starting with the building blocks of risk and return, the seminar discusses building quantitative strategies, assessing and controlling investment risk, implementing strategies, and minimizing trading costs. Participants will also tackle a case study designed around the use of portfolio software for asset management. The case study will illustrate the various methodologies presented during the program, including the use of factor models for asset management. The last day of the program is devoted to the increasingly important hedge fund industry.

During This Seminar You Will Learn To:

-- Understand investment decisions that affect your company's strategic and financial objectives.

-- Interpret and use investment decisions more effectively.

-- Develop an investment strategy building from the fundamentals of risk and return and incorporating more advanced quantitative strategies.

-- Understand the differences between Capital Asset Pricing Model, Factor models, and the Arbitrage Pricing Theory.

-- Work with different valuation formulas to determine expected returns.

Incorporate behavioral finance in your analysis of investments and market behavior.

-- Analyze the impact of technological innovation, network externalities, and globalization.

Who Should Attend

The program is designed for portfolio managers and financial analysts at mutual funds and pension funds, and investment professionals at other providers of investment services, such as financial planners, insurance companies, investment banks, and commercial banks.

The seminar will also provide general managers, senior functional managers, and other nonfinancial managers, who may have no formal background in investment management, with sufficient familiarity of investment theory and practice to interpret and comfortably use investment information in their daily decisions. The program also will teach participants to communicate more effectively with investment specialists, including portfolio managers and investment product providers. It concentrates on the uses of investment information rather than on its preparation. Participants will develop skills to understand investment decisions that affect their companies' strategic and financial objectives.

Program Outline

Risk, Return and their Measurement

Portfolio Theory and Applications

The CAPM, Factor Models, and the Arbitrage Pricing Theory

Empirical Evidence on the CAPM and Factor Models

Factor Models in Portfolio Management

Behavioral Finance

Market Efficiency and Inefficiency


The Money Management Industry

Performance Evaluation

Mutual Funds

Hedge Funds

Last updated Jan 2018

About the School

Since 1898, the University of Chicago Booth School of Business has produced ideas and leaders that shape the world of business. Our rigorous, discipline-based approach to business education transforms ... Read More

Since 1898, the University of Chicago Booth School of Business has produced ideas and leaders that shape the world of business. Our rigorous, discipline-based approach to business education transforms our students into confident, effective, respected business leaders prepared to face the toughest challenges. We are proud to claim: an unmatched faculty, degree and open enrollment programs offered on three continents, a global body of nearly 42,000 accomplished alumni, strong and growing corporate relationships that provide a wealth of lifelong career opportunities. As part of the world-renowned University of Chicago, we share the university's core values that shape our distinctive intellectual culture. At Chicago Booth, we constantly question test ideas and seek proof. This extraordinarily effective approach to business leads to new ideas and innovative solutions. Six of our faculty members have won Nobel Prizes for these ideas - a record no other business school has matched. This same culture transforms our graduates into business thinkers superbly equipped to analyze and solve the greatest business challenges. Read less
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