Investments and Portfolio Management (1 º Sem 2018/2019)

-Financial markets and their instruments
-Alternative investments: hedge funds, private equity, real state, commodities, etc.
-The portfolio management process and the investment policy statement (IPS)
-Mean-variance theory (MVT)
-Factor models: single and multi-factor models
-Utility theory and deriving investor?s utility function
-Expected utility theory (EUT) and optimal portfolios
-Safety first, stochastic dominance, risk measures and risk management
-Equilibrium models: capital asset pricing model (CAPM), arbitrage pricing theory (APT)
-Market efficiency, rationality, behavioural issues and alternatives to EUT
-Portfolio planning and execution: IPS, strategic asset allocation, portfolio optimization
-Portfolio feedback: Monitoring, rebalancing and evaluating performance