6 points, SCA Band 3, 0.125 EFTSL
Postgraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
- First semester 2019 (On-campus)
- Second semester 2019 (Evening)
Students must be enrolled in course B5001, B6001, B6003, B6004 or B6005.
This unit focuses on funds management styles and philosophies; approaches to implementing investment strategies for funds design and decision making; practical allocation of assets across and within different markets (industries); market sector volatilities and risk management; and performance measurement. Current academic research and trends in the industry are also considered from local and global funds management perspectives.
The topics include:
- portfolio investment styles, philosophies, mandates and policies
- capital market expectations
- asset allocation and portfolio optimisation
- management of fixed income portfolios
- international diversification
- alternative investments
- quantitative portfolio factor models
- portfolio monitoring and rebalancing
- portfolio performance, attribution and evaluation.
The learning goals associated with this unit are to:
- demonstrate knowledge of the global funds management industry, its management philosophies, strategies and styles
- compare and contrast approaches to funds design and decision making in terms of fund allocation, portfolio optimisation and portfolio monitoring, along with current trends in the funds management industry
- develop skills of summarising, critically analysing and assessing, ranking, reporting and, presenting the current performance of funds managers
- develop the capability to work effectively in a group and demonstrate effective research and problem solving skills to produce quality investment portfolio analysis
- demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the rudiments of fund management both in theory and in practice as detailed in the unit.
Within semester assessment: 50% + Examination: 50%
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information