Portfolio Management

Course code ACFI3018Units 10Level 3000Faculty of Business and LawNewcastle Business School

This course begins with an overview of investment environment and products, and then provides students with a solid foundation in modern portfolio theory and demonstrates its applications to portfolio management. Alternative asset allocation models are introduced to equip students in developing and implementing investment strategies, assessing and controlling portfolio risk, and evaluating portfolio performance. The course takes students beyond investment theories and trains them to use widely available technology to perform quantitative modelling using real world data. The course covers ASIC RG146 specialised knowledge requirements in the areas of funds management and managed investments

Available in 2015

Callaghan CampusSemester 1
Previously offered in 2014
ObjectivesUpon successful completion of this course you will be able to:
1. Understand the investment environment, institutional investment and empirical evidence on security performance.
2. Develop mean-variance efficient portfolios using appropriate technology.
3. Demonstrate critical thinking, analytical and problem solving skills in the context of portfolio construction and management.
4. Evaluate the performance of a portfolio and evaluate risk exposures.
5. Critically evaluate the advantages and disadvantages of international diversification.
6. Communicate investment portfolio decisions to potential investors.
ContentThis course includes but is not limited to the following topics:
1. The investment environment.
2. Risk, return, risk premia and risk aversion.
3. Allocating capital between risky and risk-free assets.
4. Mean-variance efficient portfolios and security analysis.
5. Evaluation of portfolio risk and performance.
6. Funds management.
7. International diversification of portfolios.
Replacing Course(s)Not applicable.
TransitionNot applicable.
Industrial Experience0
Assumed KnowledgeACFI2005 Finance and ACFI2070 Business Finance.
Modes of DeliveryInternal Mode
Teaching MethodsLecture
Tutorial
Assessment Items
Essays / Written AssignmentsProblem Sets
Group assignment
Examination: Formal
Presentations - Group
Contact HoursTutorial: for 1 hour(s) per Week for 12 weeks
Lecture: for 2 hour(s) per Week for Full Term
Timetables2015 Course Timetables for ACFI3018