Overview

This course provides an essential knowledge on portfolio management for virtual assets (VAs), focusing on their origins and the transformative impact of Web3.0 and decentralized finance (DeFi) on investment opportunities and decision-making processes. It also delves into practical approaches to managing VAs within a portfolio, including research, valuation, risk management, and performance monitoring.

Note: This course is an elective module in the Certification Programme for Virtual Asset Professionals (CVAP). Participants must complete TWO elective modules. If you have not enrolled in another elective, please refer to the 'Elective Modules' section on the programme page for a list of available options. The CVAP Core Curriculum must be completed BEFORE taking any elective module. Enrolment for this course opens on 15 May 2025.

Objective

By completing this eCourse, you will be able to:

a. explain what virtual assets are, how it differ from traditional assets, and the associated key risks;
b. describe the core structure of Web3.0 and decentralised finance (DeFi), explain how Web3.0 influences the VA market and creates investment opportunities, and how DeFi impacts traditional financial (TradFi) asset management.
c. differentiate between the main type of VA investment strategies
d. describe how to evaluate investment opportunities of VA and how to implement trading and risk management strategies
e. describe portfolio measurement and analytical tools for VA.
f. describe the key regulations regarding VA portfolio management

Content

1. VAs as an alternative asset class

• Defining VA and how are they different vs other assets (major participants in VA markets)
• How Web3.0 tokenomics creates new investable asset classes & opportunities
• Core Structure of Web3.0 (infra, smart contracts, Dapps, wallets etc) and how these components shape VA market and influence investment format and decision making
• Risks related to VA and VA funds management
• Implications of DeFi for traditional finance (TradFi) institutions/fund managers.

2. Portfolio management in VAs

• Diversification benefits for VA allocation
• Main type of VA investment strategies (traditional & on Chain/DeFi yield strategies)
• How to evaluate VA investment opportunities
• VA market research & analytical resources
• Trading and risk management solutions
• How to monitor/measure investment performance

3. Key regulatory aspects for VA portfolio management

Who should attend

The course is primarily targeted at fund managers, asset managers and investors who would like to have a better understanding of digital assets and the related issues.

It is also applicable to in-house counsel and compliance, senior management such as responsible officers, managers-in-charge, directors, CIOs, COOs, CEOs of the financial institutions.

It is also an elective module of the CVAP..