Portfolio Management

with Ivan Kitov
4.9/5
(73)

Unlock the secrets of successful portfolio management with our comprehensive Portfolio Management course. Learn the art and science of selecting and managing investments for maximum returns within your desired investment horizon. Gain the skills and confidence to make informed investment decisions and reach your financial objectives.

6 hours 79 lessons
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79 High Quality Lessons
31 Practical Tasks
6 Hours of Video
Certificate of Achievement

Course Overview

Deciding how to invest one’s capital is no easy feat. For starters, you need to consider the goal of the investment. Individuals might want to save for retirement, while institutions need a portfolio to meet their ongoing and future spending needs. Regardless of the objectives, the choice of assets is overwhelmingly diverse. Portfolio managers are trained to navigate this complex field and select the investments that generate the lowest risk and highest return possible. This Portfolio Management course will teach you the theory behind optimal portfolio construction and introduce you to the best practices in portfolio management and performance evaluation. We examine in detail the individual and portfolio approaches to investing, the portfolio management process, the different types of investors and their needs, the asset management industry, and the existing pooled investment vehicles. By the end of the Portfolio Management course, you will be able to calculate and interpret the two most common measures of portfolio returns: money-weighted and time-weighted rate of return. We also show you the instruments that characterize the investment opportunities available today and how to find the mean, variance, and correlation of asset returns using historical data. The next step is learning how to apply this knowledge to optimize the portfolio selection process. You will learn why you shouldn’t put all your eggs in one basket and how imperfect correlation between assets leads to diversified portfolios. We continue with the implications of risk aversion and how to shape an investor's profile by combining the optimal risky portfolio and the risk-free asset. The topic ends with a practical example of building a five-asset portfolio in Excel using matrix algebra and the Markowitz optimization process to find the optimal risky portfolio. Next, we explain why investors should not be compensated for bearing nonsystematic risk. We discuss the difference between the Capital Allocation Line (CAL) and the Capital Market Line (CML) and introduce the Capital Asset Pricing Model (CAMP). Armed with the right return-generating model, you will learn how to calculate the expected return of an asset. Then, we change gear and study investment policy statements from a practical perspective. We begin with the prominence of written statements and continue with the importance of distinguishing between the willingness and the ability to take risks when analyzing an investor’s financial risk tolerance. We also touch on ESG investing and how it can be integrated into portfolio planning and construction. The last part of the Portfolio Management course is dedicated to risk management. We explain why a firm’s risk management division doesn’t work toward total risk elimination. On the contrary—every business needs to take risks to perform its core operations. So, the risk management team’s role is to alert to and quantify the types of risks a company is currently exposed to. Designed for portfolio managers and investment professionals, this course equips you with the expertise and skills to select and manage investments. Learn how to reach your financial goals with ease. Don't wait—enroll now and master the art of portfolio management.

Topics covered

Capital MarketsExcelFinance FundamentalsInvestment AnalysisPortfolio OptimizationPortfolio Мanagement

What You'll Learn

In this Portfolio Management course, we cover the basic theory that every portfolio manager needs to know and show you how to apply it in practice using real-world examples. More specifically, we help you:

Understand fundamental concepts of financial markets and market participants
Build the efficient frontier in Excel
Measure your investment portfolio's performance by calculating risk and return
Understand the concepts of correlation and diversification
Interpret the Modern Portfolio Theory and use the Capital Asset Pricing Model to determine expected return on equity in stock valuation models
Calculate the Sharpe and Treynor ratios, as well as indicators like M2 and Jensen’s alpha

Curriculum

Student feedback

4.9/5

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21.03.2023
Very good course from ivan.
19.03.2023
very profesional
21.03.2023
Excellent course
20.03.2023
Best course ever.
17.03.2023
Amazing course
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“Constructing an optimal portfolio is an essential task for every investor. It’s how money makes more money!”

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Portfolio Management

with Ivan Kitov

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