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.
Dieser Kurs ist Teil der Spezialisierung Spezialisierung Investmentmanagement
Securing Investment Returns in the Long Run
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Über diesen Kurs
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Investment ManagementSustainabilityFinanceSocially Responsible Investing
Lehrplan - Was Sie in diesem Kurs lernen werden
Woche
12 Stunden zum Abschließen
General 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 Videos (Gesamt 63 min), 1 Lektüre, 1 Quiz
9 Videos
Some common mistakes you will no longer make after this course - Performance6m
Some common mistakes you will no longer make after this course - Selling8m
What is useful to know before this course?2m
Some products you will master when you next meet your bank advisor - Mutual funds9m
Some products you will master when you next meet your bank advisor - Closed-end funds7m
Introduction to active versus passive management - Definitions5m
Introduction to active versus passive management - Passive8m
Introduction to active versus passive management - Active5m
1 Lektüre
Glossary10m
1 praktische Übung
Graded quiz on the content of Week 110m
Woche
22 Stunden zum Abschließen
Assessing 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 Videos (Gesamt 80 min), 1 Quiz
10 Videos
Choosing the right benchmark - UBS guest speaker8m
Shifting from relative to absolute return mandates8m
The Sharpe, Treynor and Sortino ratios - Sharpe8m
The Sharpe, Treynor and Sortino ratios - Treynor and Sortino8m
Tracking Error - UBS guest speaker4m
Using asset pricing models to estimate fund performance9m
Defining performance analysis - UBS guest speaker6m
Performance attribution - Introduction5m
Performance attribution - Example7m
1 praktische Übung
Graded quiz on the content of Week 210m
Woche
32 Stunden zum Abschließen
Investment 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 Videos (Gesamt 103 min), 1 Quiz
12 Videos
Dimensions in ETF selection - UBS guest speaker6m
Beating the benchmark or the peer group? - Peer group analysis12m
Beating the benchmark or the peer group? - Screening criteria8m
The information ratio says it all9m
What are the pros and cons of a structured product?10m
Searching for hedge fund alpha: lessons from academia - Asset pricing model5m
Searching for hedge fund alpha: lessons from academia - Evidence9m
Do active funds really outperform passive funds? - Preliminaries7m
Do active funds really outperform passive funds? - Evidence8m
Active versus passive management - UNIGE & UBS Discussion - Part 19m
Active versus passive management - UNIGE & UBS Discussion - Part 211m
1 praktische Übung
Graded quiz on the content of Week 320m
Woche
42 Stunden zum Abschließen
Future 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 Videos (Gesamt 82 min), 1 Quiz
12 Videos
Corporate sustainability and sustainable investing9m
Sustainable investing: exclusion, impact investing & integration - UBS guest speaker3m
Does sustainable investing perform in line with traditional investing? - Theoretical arguments6m
Does sustainable investing perform in line with traditional investing? - Evidence8m
Climate change and capital markets - Introduction6m
Climate change and capital markets - Methodology7m
What is Neurofinance?6m
Understanding brain activity for better investment decisions6m
Can business analytics (Big Data) improve the value-added of TAA?11m
Using a Robo-advisor to better shape the SAA6m
Specialization Outro3m
1 praktische Übung
Graded quiz on the content of Week 420m
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nahm einen neuen Beruf nach Abschluss dieser Kurse auf
44%
ziehen Sie für Ihren Beruf greifbaren Nutzen aus diesem Kurs
20%
erhalten Sie eine Gehaltserhöhung oder Beförderung
Top-Bewertungen
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.
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
Dozenten
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
Über Universität von Genf
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.
Über die Spezialisierung Investmentmanagement
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
Häufig gestellte Fragen
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