Portfolio Performance Measurement & Attribution Analysis
This course will be your ultimate gateway to understanding the concept of portfolio performance measurement. The challenging includes topics such as the performance measurement process, risks involved, mitigation methods, as well as various forms of performance attribution. The mathematics of portfolio return will also be covered using real-life examples and problems during the course, fully equipping you with everything you need to do portfolio management properly. The samples of global investment performance standards will also be presented before you to give you a clear idea of what to expect in the field. It is designed to give a thorough understanding of the fundamentals of performance measurement, ranging from basic return calculation, benchmark construction, basic attribution analysis, advanced attribution for derivative instruments, alternative strategies, fixed income and multi-currency, to risk-adjusted performance measures.
Course AIM
- Understand the concepts of performance measurement
- Learn the different ways to derive returns (and why the results can vary)
- Comprehend how cash flows affect the returns
- Analyse the principles of benchmarking
- Ascertain why risk measurement and control are important and what the measures mean
- Discern the role of attribution, the challenges in getting it right, and how it should be used
- Understand the impact and uses of derivative instruments
- Appreciate the differences and difficulties of Fixed Income Attribution