Strategic Asset Allocation in Institutional Portfolios Training Course

Introduction

Strategic Asset Allocation in Institutional Portfolios Training Course

In today's dynamic and often volatile financial markets, effective strategic asset allocation is paramount for institutional investors seeking to achieve long-term financial objectives while managing risk. This comprehensive 5-day training course delves into the advanced principles and practical applications of crafting robust asset allocation strategies tailored for institutional portfolios. Participants will gain an in-depth understanding of modern portfolio theory, quantitative techniques, and real-world considerations to optimize returns and navigate market complexities.

This immersive program is designed to empower investment professionals with the expertise to design, implement, and monitor sophisticated asset allocation frameworks. From understanding risk budgeting and liability-driven investment strategies to exploring alternative assets and incorporating ESG factors, the course provides a holistic perspective. Equip yourself with the essential tools and insights to enhance portfolio performance, mitigate downside risk, and confidently lead your institution's investment strategy in an ever-evolving global financial landscape.

Duration: 5 Days

Target Audience:

  • Portfolio Managers
  • Investment Analysts
  • Pension Fund Managers
  • Endowment Managers
  • Sovereign Wealth Fund Professionals
  • Consultants to Institutional Investors
  • Chief Investment Officers (CIOs)
  • Risk Managers

Objectives:

  • Understand the theoretical foundations of strategic asset allocation.
  • Develop a systematic approach to constructing diversified institutional portfolios.
  • Learn various quantitative techniques for optimizing asset allocation.
  • Analyze the role of different asset classes, including alternatives, in portfolio construction.
  • Incorporate risk management principles into asset allocation decisions.
  • Explore advanced topics such as liability-driven investment (LDI) and ESG integration.
  • Gain practical skills in implementing and monitoring asset allocation strategies.

Course Modules:

Module 1: Introduction to Strategic Asset Allocation

  • Defining strategic asset allocation and its importance
  • Evolution of portfolio theory and its application
  • Understanding the investment objectives of institutional portfolios
  • Long-term vs. short-term investment horizons
  • The role of beliefs and assumptions in asset allocation

Module 2: Economic and Market Landscape Analysis

  • Global macroeconomic trends and their impact on asset classes
  • Understanding business cycles and their implications for investment
  • Inflation, interest rates, and their influence on portfolio returns
  • Analyzing market valuations and sentiment
  • Geopolitical risks and their consideration in asset allocation

Module 3: Asset Class Characteristics and Role in Portfolios

  • Equities: domestic, international, developed, and emerging markets
  • Fixed Income: government bonds, corporate bonds, inflation-indexed securities
  • Real Assets: real estate, infrastructure, commodities
  • Hedge Funds: strategies, fees, and diversification benefits
  • Private Equity and Venture Capital: understanding the illiquidity premium

Module 4: Quantitative Techniques for Asset Allocation

  • Modern Portfolio Theory (MPT) and efficient frontier
  • Mean-variance optimization and its limitations
  • Risk budgeting and risk parity approaches
  • Factor-based investing and smart beta strategies
  • Monte Carlo simulations for scenario analysis

Module 5: Risk Management and Performance Measurement

  • Defining and measuring various types of investment risk
  • Value at Risk (VaR) and Conditional VaR (CVaR)
  • Diversification benefits and correlation analysis
  • Performance attribution and benchmarking
  • Stress testing and scenario planning for portfolios

Module 6: Advanced Strategic Asset Allocation Concepts

  • Liability-Driven Investment (LDI) strategies for pension funds
  • Dynamic asset allocation vs. strategic asset allocation
  • Incorporating environmental, social, and governance (ESG) factors
  • Tax considerations in institutional portfolio management
  • Behavioral finance biases in asset allocation decisions

Module 7: Implementation and Monitoring of Asset Allocation

  • Manager selection and due diligence
  • Rebalancing strategies and their practical considerations
  • Custody and operational aspects of institutional portfolios
  • Reporting and communication to stakeholders
  • Adapting strategic asset allocation to changing circumstances

Module 8: Case Studies and Best Practices in Strategic Asset Allocation

  • Review of successful institutional asset allocation frameworks
  • Analysis of challenges and lessons learned from past market events
  • Practical exercises in constructing and optimizing portfolios
  • Discussion of current trends and future outlook for asset allocation
  • Developing an actionable framework for your institution's portfolio

CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com

 

Strategic Asset Allocation In Institutional Portfolios Training Course in Bhutan
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