In this course, you will learn about the famous dichotomy between active and passive investing, how to appropriately measure and analyze investment performance and what the future trends in the investment management industry are.
You will first learn about absolute and relative performance, risk-adjusted returns and how to decompose investment performance. The focus will then shift to the two main categories of investment vehicles, active and passive funds, and what they entail in terms of expected performance. Finally, you will explore the worlds of sustainable finance, neurofinance and fintech, three areas of research that will shape the future of the investment management industry.
You will also benefit from the insights of experts from UBS, our corporate partner, on the practical implementation of the various concepts we will develop in this course.
Este curso faz parte do Programa de cursos integrados Gestão de investimentos
Securing Investment Returns in the Long Run
oferecido por
Informações sobre o curso
4.7
535 classificações
Habilidades que você terá
Investment ManagementSustainabilityFinanceSocially Responsible Investing
Programa - O que você aprenderá com este curso
Semana
1General Introduction and Key Concepts
Welcome to the course and this introductory module! After reviewing some mistakes you will no longer make after following this course and some useful things to know before the course, we will dive into one of the main topics of this course: the active versus passive investment management debate.
9 vídeos (total de (Total 63 mín.) min), 1 leitura, 1 teste
9 videos
Some common mistakes you will no longer make after this course - Performance6min
Some common mistakes you will no longer make after this course - Selling8min
What is useful to know before this course?2min
Some products you will master when you next meet your bank advisor - Mutual funds9min
Some products you will master when you next meet your bank advisor - Closed-end funds7min
Introduction to active versus passive management - Definitions5min
Introduction to active versus passive management - Passive8min
Introduction to active versus passive management - Active5min
1 leituras
Glossary10min
1 exercício prático
Graded quiz on the content of Week 110min
Semana
2Assessing Performance
Welcome to the second module of the course! Here, we will start by talking about absolute versus relative performance and mandates. The second topic of this module will be performance measurement using risk-adjusted performance ratios but also asset pricing models. Finally, we will see how to decompose and attribute performance between the different types of investment decisions undertaken by fund managers.
10 vídeos (total de (Total 80 mín.) min), 1 teste
10 videos
Choosing the right benchmark - UBS guest speaker8min
Shifting from relative to absolute return mandates8min
The Sharpe, Treynor and Sortino ratios - Sharpe8min
The Sharpe, Treynor and Sortino ratios - Treynor and Sortino8min
Tracking Error - UBS guest speaker4min
Using asset pricing models to estimate fund performance9min
Defining performance analysis - UBS guest speaker6min
Performance attribution - Introduction5min
Performance attribution - Example7min
1 exercício prático
Graded quiz on the content of Week 210min
Semana
3Investment Vehicles
Welcome to the third module of the course! In this module, we will explore the worlds of active and passive funds and try to address whether or not active fund management provides added value to a portfolio. But before doing so, we will see how to choose the best investment vehicles among both active and passive funds. The module ends with a discussion with our corporate partner on topics that often divides the world of finance between academia on one side and practitioners on the other.
12 vídeos (total de (Total 103 mín.) min), 1 teste
12 videos
Dimensions in ETF selection - UBS guest speaker6min
Beating the benchmark or the peer group? - Peer group analysis12min
Beating the benchmark or the peer group? - Screening criteria8min
The information ratio says it all9min
What are the pros and cons of a structured product?10min
Searching for hedge fund alpha: lessons from academia - Asset pricing model5min
Searching for hedge fund alpha: lessons from academia - Evidence9min
Do active funds really outperform passive funds? - Preliminaries7min
Do active funds really outperform passive funds? - Evidence8min
Active versus passive management - UNIGE & UBS Discussion - Part 19min
Active versus passive management - UNIGE & UBS Discussion - Part 211min
1 exercício prático
Graded quiz on the content of Week 320min
Semana
4Future Trends
Welcome to the fourth and last module of the course! This module is dedicated to future trends in investment management that are already starting to change how we think about and apply some of the ideas presented in the specialization. We will start with sustainable investing: defining it, examining its value proposition and see how it can be implemented in the context of a widely diversified portfolio. We will then take a quick look at what neurofinance is and how it can help us make better investment decisions. Finally, we will leave you with some insights as to how fintech (i.e. information technology solutions applied to finance) is likely to shape the future of the investment management industry.
12 vídeos (total de (Total 82 mín.) min), 1 teste
12 videos
Corporate sustainability and sustainable investing9min
Sustainable investing: exclusion, impact investing & integration - UBS guest speaker3min
Does sustainable investing perform in line with traditional investing? - Theoretical arguments6min
Does sustainable investing perform in line with traditional investing? - Evidence8min
Climate change and capital markets - Introduction6min
Climate change and capital markets - Methodology7min
What is Neurofinance?6min
Understanding brain activity for better investment decisions6min
Can business analytics (Big Data) improve the value-added of TAA?11min
Using a Robo-advisor to better shape the SAA6min
Specialization Outro3min
1 exercício prático
Graded quiz on the content of Week 420min
46%
comecei uma nova carreira após concluir estes cursos
44%
consegui um benefício significativo de carreira com este curso
20%
recebi um aumento ou promoção
Melhores avaliações
por KS•Sep 14th 2016
Wonderful! This course help me a lot in learning how to evaluate the performance of investment vehicle such as mutual fund, also enlarge my perspectives towards future financial trends.
por AB•Sep 17th 2016
I recommend this course for every one interested to understand the dynamics of financial markets and the future trends of financial markets and portfolio management
Instrutores
University of Geneva- Tony Berrada
SFI Associate Professor of FinanceGeneva Finance Research Institute
University of Geneva- Ines Chaieb
SFI Associate Professor of FinanceGeneva Finance Research Institute
University of Geneva- Jonas Demaurex
Teaching AssistantGeneva Finance Research Institute
University of Geneva- Rajna Gibson Brandon
SFI Senior Chaired Professor of Finance and Managing Director of the GFRIGeneva Finance Research Institute
University of Geneva- Michel Girardin
Lecturer in Macro-Finance - Project Leader for the "Investment Management" specializationGeneva Finance Research Institute
University of Geneva- Philipp Krueger
SFI Assistant Professor of FinanceGeneva Finance Research Institute
University of Geneva- Kerstin Preuschoff
Associate Professor of Neurofinance and NeuroeconomicsGeneva Finance Research Institute
University of Geneva- Olivier Scaillet
SFI Senior Chaired Professor of Finance and Vice-dean (research) at GSEMGeneva Finance Research Institute
University of Geneva- Philip Valta
SFI Assistant Professor of FinanceGeneva Finance Research Institute
Sobre Universidade de GenebraUniversidade de Genebra
Founded in 1559, the University of Geneva (UNIGE) is one of Europe's leading universities. Devoted to research, education and dialogue, the UNIGE shares the international calling of its host city, Geneva, a centre of international and multicultural activities with a venerable cosmopolitan tradition.
Sobre o Programa de cursos integrados Gestão de investimentos
In this Specialization, you will understand how investment strategies are designed to reach financial goals in a global context. You will learn the theory that underlies strong investment decisions, as well as practical, real-world skills that you can apply when discussing investment proposals with your advisor, managing your personal assets or your client’s investment portfolio. You will start by developing a global understanding of financial markets and what impacts rational and irrational behaviors have in finance at the micro and macro levels. You will then learn how to adequately build and manage a portfolio with a long-term view while gaining an appreciation for novel research advances in finance and related areas as well as future trends that are shaping the investment management industry. In the final Capstone Project, you will create a sensible 5-year investment plan that accounts for an investor's goals and constraints in a dynamic economic landscape. Key speakers from UBS, our corporate partner, will contribute to this specialization by providing you with practical insights they have gathered through years of experience working for the world’s largest wealth manager.
Director of this Specialization and main teaching contributor: Dr. Michel Girardin, Lecturer in Macro-Finance, University of Geneva
Perguntas Frequentes – FAQ
Quando terei acesso às palestras e às tarefas?
Ao se inscrever para um Certificado, você terá acesso a todos os vídeos, testes e tarefas de programação (se aplicável). Tarefas avaliadas pelos colegas apenas podem ser enviadas e avaliadas após o início da sessão. Caso escolha explorar o curso sem adquiri-lo, talvez você não consiga acessar certas tarefas.
O que recebo ao me inscrever nesta Especialização?
Quando você se inscreve no curso, tem acesso a todos os cursos na Especialização e pode obter um certificado quando concluir o trabalho. Seu Certificado eletrônico será adicionado à sua página de Participações e você poderá imprimi-lo ou adicioná-lo ao seu perfil no LinkedIn. Se quiser apenas ler e assistir o conteúdo do curso, você poderá frequentá-lo como ouvinte sem custo.
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