Modiwl ETB-3215:
Portfolio Management
Portfolio Management 2023-24
ETB-3215
2023-24
Bangor Business School
Module - Semester 2
10 credits
Module Organiser:
Bruce Vanstone
Overview
Common investment philosophies and approaches to investment risk; The strategies of investment funds, e.g. mutual funds, pension funds, hedge funds and sovereign wealth funds; Strategic and tactical asset allocation; Links between market efficiency and active/passive portfolio management; Benchmarking, performance measurement and attribution; Testing for excess returns: theory, methodologies and findings; The implementation of trading strategies e.g. high frequency trading and algorithmic trading.
Learning Outcomes
- Apply appropriate techniques to measure and interpret the performance and the risk associated with investment strategies.
- Articulate the theoretical rationale proposed in the academic literature for the apparent excess returns arising from some investment strategies.
- Critically analyse investment strategies relating to mutual funds, pension funds, hedge funds, sovereign wealth funds and algorithmic trading.
- Critically analyse theoretical and empirical perspectives relating to market efficiency, active and passive portfolio management.
- Critically evaluate common investment philosophies including value investing, growth investing, and small-cap investing, and the related empirical evidence.
- Explain key concepts relating to investment strategies and asset allocation.
Assessment type
Crynodol
Description
Coursework of 1000 words
Weighting
50%
Assessment type
Crynodol
Description
Exam S2
Weighting
50%