Asset Management


Teaching Hours and Credit Allocation: 30 Hours, 6 Credits
Course Assessment: Coursework & Exam



The main objective of this course is to provide students with a thorough understanding of the practical application of modern portfolio and asset-pricing theories. The course also provides students with a unified approach to asset management and risk management. There will be practical case studies in portfolio construction and evaluation, portfolio insurance, and international portfolio diversification.


Learning Outcomes

On completing the course the students will:

  • Be able to apply different strategies for modern portfolio management such as market timing, equitisation, long/short investing, tactical asset allocation, and international diversification
  • Understand the characteristics of various asset classes and their role in asset management
  • Appreciate the contemporary trends and developments in asset management industry
  • Be able to contribute to the identification of mispriced securities and to shaping and implementation of portfolio management strategies
  • Be able to evaluate complex portfolio selection and asset pricing problems.

Knowledge and Understanding

The course will make it possible for participants:

  • Appreciate the characteristics of different asset classes
  • Understand the practical implications of diversification
  • Appreciate the benefit and costs of different trading strategies.


  • Use industry standard fund management databases
  • Use industry standard risk and performance systems.



  • Introduction to Asset Management Concepts and Techniques
  • Client Objectives and Investment Policy
  • Portfolio Theory
  • Asset Allocation
  • Security Selection
  • Portfolio Risk Management
  • Institutional Investing I – Mutual Funds and ETFs
  • Institutional Investing II – Hedge Funds
  • Institutional Investing III – Commodities investments and other investment forms
  • Investment Portfolio Performance Evaluation