Offered

Caulfield First semester 2008 (Day)
Caulfield First semester 2008 (Evening)
Caulfield Second semester 2008 (Day)
Caulfield Second semester 2008 (Evening)

Synopsis

This unit focuses on funds management styles and philosophies; approaches to implementing investment strategies for funds design and decision making; practical allocation of assets across and within different markets (industries); market sector volatilities and risk management; and performance measurement. Current academic research and trends in the industry are also considered from local and global funds management perspectives.

Objectives

The learning goals associated with this unit are to:

• acquire knowledge of the current theory and practice of the global funds management process
• acquire knowledge of current concepts based on funds management specific philosophies, strategies and styles, as well as learn various approaches to current professional funds management investment practices
• acquire knowledge of specific approaches to funds design and decisions making; practical allocation of funds across asset classes and within different financial markets (industries); portfolio optimisation; portfolio monitoring; market sector volatilities and risk management and; measurement and evaluation of funds managers' performance
• develop understanding and appreciation of current academic research and trends in the funds management industry
• based on past funds managers' performance, to develop skills of summarizing, critically analysing and assessing, ranking, reporting and, presenting the current performance of Australian funds managers.

Assessment

Within semester assessment: 50%
Examination (3 hours): 50%

Contact hours

3 hours per week

Co-requisites

Students must be enrolled in MApplFin, MBus(Bkg&Fin) or MBA/MApplFin to undertake this unit.

Prohibitions

AFF4271