PORTFOLIO MANAGEMENT
FIN4PMT
Not currently offered
Credit points: 15
Subject outline
This subject seeks to provide a structured approach to active portfolio management strategy. This approach includes researching ideas, forecasting exceptional returns, constructing and implementing portfolios and observing and refining their performance. The approach draws on theories of asset pricing such as the Capital Asset Pricing Model and the Arbitrage Pricing Model, as well as a range of statistical tools for its structure and intuition. In so doing the unit critiques a selection of the key empirical analyses of these theories and seeks to relate these theories to the practice of active portfolio management. The subject concludes with a case study of an active portfolio manager and an actual portfolio construction problem.
Faculty: Faculty of Business, Economics and Law
Credit points: 15
Subject Co-ordinator: Michael Li
Available to Study Abroad Students: Yes
Subject year level: Year Level 4 - UG/Hons/1st Yr PG
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: Admission into LHB or LPEC or LHIB or LHE or LHF or enrolled in an honours course
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: N/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Modern Portfolio Theory and Investment Analysis | Prescribed | Edwin J. Elton, Martin J. Gruber, Stephen J. Brown, William N. Goetzmann | JOHN WILEY & SONS, 16/11/2009 |