Course Objectives
Based on the theoretic and practical models of portfolio management, participants will get to know the most appropriate tools to carry out a management control, attribution of results and preparation of reports.

Participants
Portfolio agents and estate advisors, assets management and risk controllers ; analysts and traders, private banking agents, portfolio and funds promoters; and investors with advanced knowledge.

Programme
1. Construction of personalised portfolios

1.1.  Performance and risk of the portfolio and references indices
1.2.  Portfolio construction practice

2. Management of portfolios with benchmarks

2.1.  Properties of reference indices
2.2.  Valuation of the quality of an index
2.3.  Construction of portfolios with requirements. Active and passive management
2.4.  Portfolio construction practice with benchmarks

3. Shares portfolio models

3.1. Shares Benchmarks . Analysis
3.2. Theoretic valuation models (CAPM, APT)
3.3. Risk factors, charges and attribution of performance and risk
3.4. Practical application

4. Government bonds portfolios models

4.1.  Debt Benchmarks
4.2.  Interest rate standard curve and time structure
4.3.  Portfolio models
4.4.  Risks factors, charges and attribution of performance and risk
4.5.  Practical application

5. Derivatives and corporate bonds portfolio models

5.1.  Private fixed income benchmarks
5.2.  Corporate bonds portfolios models
5.3.  Management of credit risk and displacement of standard curve. Coverage.
5.4.  Monetary Benchmarks
5.5.  Management of monetary assets portfolios.
5.6.  Management of portfolios with derivatives. Coverage and speculation
5.7.  Practical application

6. Portfolio management control

6.1.  Excess profitability
6.2.  Attribution of risk and profitability: expert portfolio agents
6.3.  Analysis of passive and active management: timing
6.4.  Practical application

7. Portfolio p erformance and reporting

7.1.  Criteria and application of performance
7.2.  Reporting from the agent per se and from external auditor
7.3.  Assessment of management and report
7.4.  Standard assessment rules: GIPS and AIRM
7.5.  Practical application

8. Integral practices for portfolio management, control, performance and reporting

Dates: October

Duration:  32 hours

Hours:  Wednesdays and Thursdays

Place:  IEF classrooms, Gran Vía, 670, 2º, - 08010 Barcelona