Portfolio and Risk Management
Academicians from the University of Geneva and professionals from UBS aids us to gain an understanding of the theory underlying optimal portfolio construction, the different ways portfolios are actually built in practice and how to measure and manage the risk of portfolios. We start by studying how the imperfect correlation between assets leads to diversified and optimal portfolios as well as the consequences in terms of asset pricing. Then we will learn how to shape an investor's profile and build an adequate portfolio by combining SAA and TAA. Finally, we will look into risks, different facest and appropriate tools and techniques to measure it, manage it and hedge it. Click here to read my notes 1.Module-1 I. Introduction - Common mistakes - Distribution of returns - Risk-return tradeoff (UBS) 2. Module-2 I. Modern Portfolio Theory - Impact of correlation - benefits and diversification - Reaching an efficient frontier (UBS)