Asset Management course

This course gives a broad overview of asset management. The course starts by discussing the business processes of an asset management company. The course continues by  explaining the trade-off between risk and return. Next, various investment opportunities are described including the concept of synthetic investments by using derivative instruments such as total returns swaps, interest rate swaps, futures and credit default swaps. The course continues by explaining how FX forwards can be used to establish an FX hedge and how FX swaps can be used to roll-over an FX hedge. Further, the financial risks that are inherent to trading financial instruments are discussed: market risk and credit risk. Finally the concept of rebalancing and the function of an overlay portfolio are explained.