Fund Management in the Public And Nonprofit Sectors
Fund Management in the Public And Nonprofit Sectors
Course Code:
FA32
►Course Objective
This course is designed to provide endowments, and foundations with a basic understanding of institutional investment management.
With the key concepts covered in this course (portfolio construction, the risk and return characteristics of major asset classes, due diligence, investment decision making, and fiduciary responsibility),
understand the operations of an institution’s investment pool as well as evaluate investment
governance policy issues.
►Target Audience
Finance professionals
Fund manager
Commercial managers
Divisional managers
►Course Outline
Lecture 1
Overview of investing
Typology of assets: real, financial, derivative
Characteristics of assets (Historical returns, volatility, correlation)
Public equities (geography of issuance, market capitalization, growth versus value, emerging versus developed markets)
Fixed income (Treasuries, TIPS, corporate, mortgages, asset backed securities); understanding and measuring credit risk and interest rate risk