Performance Measurement and Attribution

Start Dates: TBC

Duration: 1 Day

Full Fee: €500

Network Members Fee: €250 Book Now

Programme overview

This interactive two day programme is designed to offer an insight into the decision making processes undertaken daily by today’s Asset Managers. Theory will be at a minimum; the emphasis will be on the practical. It will incorporate an overview of the traditional & Alternative Investable Asset Classes, how to combine them into an appropriate Portfolio & also how to measure its Performance & inherent Risk.

Please contact for more information on course dates.

Learning outcomes:

  • Understand the objectives and constraints of individual investors and how they influence the Investment Policy Statement,  investment decisions, security selection and portfolio construction
  • How derivatives can be used for hedging
  • Understand the factors affecting equity and bond pricing
  • Understand key measures of portfolio Beta, CAPM, Treynor measure, the Sharpe measure, and Jensen’s alpha
  • Understand how and why to rebalancing portfolios

Who is the course for?

  • Regulators with responsibility for Asset Managers
  • Junior Fund Managers/new joiners
  • Asset Management Back and Middle office professionals (Compliance, Legal, Marketing)
  • Wealth Managers and Private Bankers
  • Independent Financial Advisors

Course Content:

Online Pre-work

  • Risk & Return – An Introduction
  • Risk & Return – Portfolios
  • Risk & Return – Efficient & Optimal Portfolios
  • Capital Asset Pricing Model (CAPM)
  • Factor-Based Investing – Primer
  • Efficient Markets
  • Portfolio Theory – Performance Measurement Models
  • Portfolio Management – Passive & Active Strategies


Workshop outline

  • The objectives and constraints of individual investors
  • The Investment Policy Statement, investment decisions, security selection and portfolio construction
  • Passive and active portfolio management
  • Equity and stock index options in portfolio management
  • Concepts and techniques of portfolio insurance
  • Calculation and interpretation of several measures of portfolio performance
  • Managing risk and return using options in equity portfolios, including strategies for income generation, put-call parity, and delta hedging
  • Using futures for hedging
  • Using swaps in equity portfolio management
  • Tax considerations of options and futures
  • Factors affecting bond yields
  • Duration and convexity, and managing fixed-income portfolios
  • Using interest rate futures in bond portfolio management
  • Investment Timing
  • Beta, security market line, the capital asset pricing model
  • Treynor measure, the Sharpe measure, and Jensen’s alpha
  • Arbitrage and empirical multifactor models
  • Returns-based style analysis models and portfolio-based style analysis
  • Portfolio monitoring, rebalancing, and Realignment
  • Rebalancing portfolios & Tracking error
  • Factors which cause portfolios to require rebalancing
  • The process of rebalancing portfolios
  • Circumstances which signal the need to rebalance
  • Summary and Close

Trainer Profile

Please contact for further information on training providers.