Fundamentals of Investment Management

Introducing the Investment Manager: What is investment management? Industry development, ownership and structure The Investment Management Process: Establishing investor objectives, Investment return profile, Risk tolerances and investment constraints Principals of Portfolio Construction: Strategic asset allocation – definition and formulation, Principal asset characteristics - expected return and volatility (risk)
Key Players in the Investment Decision Process: The asset allocation committee, The Trustee Board and consulting actuaries, The portfolio manager and the ‘buy-side’ analyst Managing an Equity Portfolio: Active equity investment strategies – motivations and characteristics, Styles: growth, income, value, technical etc, Passive equity investment Investment Products - An Overview: Pension funds – defined benefit and contribution, Collective investment schemes –mutual funds, unit trusts & OEICs,Investment trusts