Trustee Portfolio Briefing

Trustee Portfolio Briefing Training Course

Background & Objectives Portfolio Construction is the summation of Investment consideration and brings into play Pension Fund requirements, Investment Objectives, acceptable risk and return balances, all against the changing backdrop of the world. Trustees therefore need reasonable knowledge of the jargon, processes and issues in this area. This one day stand-alone Briefing explains the processes and jargon. It shows how real world considerations are blended with different investments to generate a possible mandate and portfolio. No prior knowledge is assumed but a basic awareness of Equities and Fixed Income is needed.

Content Investment Principles Major Assets : their nature, risks and returns Secondary Assets explained Some investment theory Market forces explanation Expected Returns consideration Investment or Fund Style explanation Use of Indexed / Tracker funds Tilted or enhanced indices Performance Measurement & Attribution Benchmark selection: the main choices Meaning and use of Tracking Error Top Down v Bottom Up approaches Portfolio Protection tools and their uses Fund Considerations & Investment Objectives Scenario Derivation Strategic Asset Allocation Economic, Stockmarket and Interest rate cycles Tactical Asset Allocation Model portfolio and over / under weighting Use of Overlays LDI and Asset - Liability matching Timing,Transition and Stock Lending Portfolio Review and Rebalancing requirements Fund Manager issues Mandate Risks