Investment portfolio management


This course is about the fundamentals of portfolio management. The students will learn the essential notions of Modern Portfolio Theory, various alternative capital asset pricing models, and how to use them in risk and return estimation, security selection, and other practical applications. We will also discuss how market risks can be measured and managed in a portfolio setting. We will examine the main tenets of active portfolio management, including benchmarking and performance management. Finally, we will discuss the concept of market efficiency and related behavioral finance theories.