Universität Wien

040448 PR Performance-Analysis (MA) (2018W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Termine inkludieren bereits Ausweichtermine.

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 30 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Tuesday 09.10. 18:30 - 21:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 16.10. 18:30 - 21:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 23.10. 18:30 - 21:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 30.10. 18:30 - 21:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 06.11. 18:30 - 21:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 13.11. 18:30 - 21:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 20.11. 18:30 - 21:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 27.11. 18:30 - 21:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 04.12. 18:30 - 21:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 11.12. 18:30 - 21:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock

Information

Aims, contents and method of the course

Performance analysis can be seen as one of the key tasks in asset management. Its aim is to measure performance and to break the selected performance measure down to the instrument or some aggregated level like countries, currencies, strategies, etc. in order to understand the risk- and performance drivers of a portfolio. Finally, when a portfolio is actively managed against a benchmark, attribution analysis explains the reasons and sources of out- and underperformance.

Course participants will learn to 1) measure performance, 2) perform a contribution analysis and 3) explain sources of out- and underperformance using state-of-the-art attribution methods. Moreover, students will learn how to link performance contributions over time, how to take derivatives such as forwards/futures and options into account, or how to calculate fx contributions. Other topics we will address might include: gross vs. net of fee performance, benchmarking & indexing issues, or performance reporting standards (GIPS).

Assessment and permitted materials

class-room participation (presence in at least 80% of courses required) and discussion required.
two written exams.

Minimum requirements and assessment criteria

at least 50% (weighted average of class room participation and written exams) are required to get a positive grade

Examination topics

all contents and topics discussed in course units

Reading list

course slides.

Association in the course directory

Last modified: Mo 07.09.2020 15:29