Investment and Portfolio Analysis

Asset Allocation - Part 1 (2023)


This eCourse consists of two modules on asset management and asset allocation. Asset management is the management of portfolios of assets by professional firms serving institutional, high net worth (HNW), and retail clients. Asset allocation is the process of dividing an investment portfolio among different categories of asset, such as stocks, bonds, and cash.

Module 1 provides an overview of the structure and activities of a typical asset management firm, including its clients, products, and services. The current state of the global asset management industry is also discussed.

Module 2 provides an overview of asset allocation, looking at the importance of diversification in achieving the optimal tradeoff between investors' risk tolerance and return objectives. The module also explores different approaches to asset allocation.


On completion of this course, you will be able to
- Identify the key benefits of asset management
- List the key sectors of the asset management industry including institutional and retail asset management, and wealth management
- Recognise the asset allocation process and key types of asset allocation strategy
- Compare active and passive asset management
- Identify the main types of investment fund used in the asset management industry, including mutual funds and ETFs
- Recognise the asset management industry's structure and its key challenges
-Identify the basic principles of asset allocation and some of the key factors that shape asset allocation decisions
- Recognise the importance of diversification in the asset allocation process and how it can be used to construct efficient portfolios
- Name the different approaches to asset allocation and recognize the distinguishing features of each


Module 1: Business of Asset Management
Topic 1: Overview of Asset Management
Topic 2: Asset Management Sectors
Topic 3: Asset Allocation
Topic 4: Passive & Active Management
Topic 5: Investment Funds
Topic 6: Asset Management Industry

Module 2: Asset Allocation - An Introduction
Topic 1: Asset Allocation Overview
Topic 2: Portfolio Diversification
Topic 3: Asset Allocation Strategies


Relevant Subject
Type 9 - Asset management
SFC:1.50, PWMA:1.50
Staff of Corporate Member: HK$450
Chinese Securities Association of Hong Kong (HKCSA): HK$470
Non-Member: HK$675
All Member: HK$450