040207 KU Portfolio Management (MA) (2023W)

The objective of the course is to provide students with wider analytic thinking and deeper understanding of the decision making process in portfolio management.
It is highly important that students have already the understanding of financial market organization, market efficiency, asset pricing, portfolio theory and risk and return concepts.

To increase understanding of key concepts and practice decision making skills, we will connect the course content with relevant practice problems (via Kahoot quizzes).

Within the topics of the course, we focus on different categories of alternative investments such as real estate, private equity, commodities and discuss approaches of allocation of alternative investments in multi-asset portfolios. We focus on hedge funds and their various investment strategies. We analyze the role of private wealth management and key concepts of lifetime financial advice including retirement planning and taxation approaches. We discuss the characteristics of institutional investors, such as pension funds, sovereign wealth funds university, endowments, private foundations, banks, and insurers. In the end of the course a guest speaker from investment business industry will deliver a presentation about investment opportunities on emerging markets.

Before the final exam students will be able to check their progress by doing the mock test.

*** The use of AI tools (e.g. ChatGPT) for the production of texts is only permitted if they are expressly requested by the course leader (e.g. for individual work tasks).