Registry
Module Specifications
Archived Version 2020 - 2021
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Description This course is designed as a complement to the course in portfolio theory with a view to introducing students to the practical aspects of institutional portfolio management. | |||||||||||||||||||||||||||||||||||||
Learning Outcomes 1. Identify the key portfolio management techniques used within the modern fund management industry. 2. Critically assess the risks and expected rewards associated with different types of institutionally managed portfolios and funds. 3. Appreciate the distinct differences in passive management and active management strategies. 4. Capability to measure and appraise investment performance on a risk-adjusted basis. | |||||||||||||||||||||||||||||||||||||
All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml |
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Indicative Content and
Learning Activities Passive Management Strategies and Immunizing PortfoliosMethods of immunizing bond portfolios; single and multiple liabilities; convexity; immunisation risk.Index FundsChoosing the best method of indexation, problems relating to the compilation and maintenance of index funds; accessing overseas markets through passive strategies.Active management strategiesSearching for market inefficiency; strategies for adding value over index performance; combining a core fund with satellite active management portfolios, specialty management; using stock index futures and options; options on futures; currency hedging for overseas portfolios; bond switches.Asset AllocationPortfolio diversification, methods of evaluating and comparing investment markets; e.g. multi-scenario projections, risk premiums, the reverse yield gap; portfolio insurance, hedging portfolios with capital protection strategies; asset allocation in passive portfolios; considering transactions costs.Investment performance appraisalMeasures of analysing investment performance, comparison with investment objectives, frequency of appraisal, time horizon over which performance should be judged; analysis of performance.Property ManagementReal property as an investment medium, property in the portfolio context, property portfolio construction and management, international property in the portfolio: opportunities and problems. | |||||||||||||||||||||||||||||||||||||
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Indicative Reading List
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Other Resources None | |||||||||||||||||||||||||||||||||||||
Programme or List of Programmes |
MITB | MSc in Investment, Treasury & Banking |
- See the module specification for EF508 in 2003 - 2004
- See the module specification for EF508 in 2004 - 2005
- See the module specification for EF508 in 2005 - 2006
- See the module specification for EF508 in 2006 - 2007
- See the module specification for EF508 in 2007 - 2008
- See the module specification for EF508 in 2008 - 2009
- See the module specification for EF508 in 2009 - 2010
- See the module specification for EF508 in 2010 - 2011
- See the module specification for EF508 in 2011 - 2012
- See the module specification for EF508 in 2012 - 2013
- See the module specification for EF508 in 2013 - 2014
- See the module specification for EF508 in 2014 - 2015
- See the module specification for EF508 in 2015 - 2016
- See the module specification for EF508 in 2016 - 2017
- See the module specification for EF508 in 2017 - 2018
- See the module specification for EF508 in 2018 - 2019
- See the module specification for EF508 in 2019 - 2020
- See the module specification for EF508 in 2020 - 2021
- See the module specification for EF508 in 2021 - 2022
- See the module specification for EF508 in 2022 - 2023
- See the module specification for EF508 in 2023 - 2024
- See the module specification for the current year