Investment and Portfolio Analysis

Portfolio Management: A Practical Perspective


This course aims to help participants understand the important concepts and practices of portfolio management, and introduces three important modern financial theories, portfolio theory, the capital asset pricing model (“CAPM”), and the efficient market hypothesis (“EMH”).


On completing this course, you should be able to:
- Assess the needs, financial goals, investment objectives and investment constraints involved in an investor profile;
- Understand asset allocation concepts and portfolio construction;
- Understand the concept of return, risk, risk premium and risk-return trade-off;
- Understand main portfolio strategies for major assets categories;
- Understand the portfolio management process and demonstrate how it can be implemented to meet customer financial goals;
- Demonstrate how to construct a portfolio matching an investor profile;
- Apply different investment strategies based on customer objectives and investment constraint;
- Evaluate the advantages and disadvantages of diversification and risk exposures of a portfolio;
- Understand factor investing and how it can be used to build an equity portfolio matching customer investment needs;
- Explain how to implement a financial plan; and
- Monitor, measure and evaluate the performance of a portfolio.

Content Highlight

Section 1: Risk and Return
- Risk and Return
- Assessing Individual Security Returns
- Diversification and Portfolio Theory
Section 2: Essential Theories
- Capital Asset Pricing Model (CAPM)
- Efficient Market Hypothesis
Section 3: Investment Management
- Investment Management
- Performance Review

Who Should Attend

It is relevant to those PWM practitioners who would like to enhance their knowledge and skills in wealth management products.

Administrative Details

Relevant Subject
Type 9 - Asset management
SFC:1.50, PWMA:1.50
All Member: HKD450
Non-Member: HKD900
Staff of Corporate Member: HKD450