Wealth Management
[Webinar] Certified Private Wealth Professional (CPWP) Module 1 Refresher Programme: Topic 4 - Portfolio Management: Theories and Practices
Overview
This course aims to help participants understand the important concepts and practices of portfolio management, and introduces three important modern financial theories, portfolio theory, the capital asset pricing model (“CAPM”), and the efficient market hypothesis (“EMH”).
Objective
On completing this course, you should be able to:
a. Assess the needs, financial goals, investment objectives and investment constraints involved in an investor profile;
b. Understand asset allocation concepts and portfolio construction;
c. Understand the concept of return, risk, risk premium and risk-return trade-off;
d. Understand main portfolio strategies for major assets categories;
e. Understand the portfolio management process and demonstrate how it can be implemented to meet customer financial goals;
f. Demonstrate how to construct a portfolio matching an investor profile;
g. Apply different investment strategies based on customer objectives and investment constraint;
h. Evaluate the advantages and disadvantages of diversification and risk exposures of a portfolio;
i. Understand factor investing and how it can be used to build an equity portfolio matching customer investment needs;
j. Explain how to implement a financial plan; and
k. Monitor, measure and evaluate the performance of a portfolio.
Content
1. Risk and Return
2. Capital Asset Pricing Model (CAPM)
3. Efficient Market Hypothesis (EMHT)
4. Portfolio Management Process
5. Diversification and Portfolio Theory
6. Performance Review
Who should attend
It is primarily targeted to CPWP candidates who wish to take the CPWP Module 1 Paper 1 Examination. It is also relevant to those PWM practitioners who would like to enhance their knowledge and skills in wealth management products.
Financial Incentive Scheme of the WAM Pilot Programme
This is one of the eligible courses / seminars under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.
Eligible in-service practitioners of the financial services industry could apply for a reimbursement up to 80% of the course / seminar fees, or a maximum of HK$10,000 per person throughout the period of 1 October 2016 to 31 March 2023 upon satisfactory completion.
Each individual may apply for reimbursement for more than one course / seminar subject to a maximum of HK$10,000 but each course / seminar can only be reimbursed once.
The duly signed application form together with the FIVE supporting documents must be submitted within FOUR months from the last day of the course / seminar attended. Please refer to the WAM Pilot Programme website for more details.
WAM Pilot Programme Special Requirements
If you plan to apply for reimbursement under the Financial Incentive Scheme (FIS), please ensure your device/computer has the camera feature or with webcam installed as you are required to turn on your camera throughout the webinar.
Speaker/Course Instructor
Jason has had a 20-year banking career in the APAC region. Before starting training, he was as Managing Director and Head of Listed Derivatives and OTC Clearing for Deutsche Bank in APAC. Jason has rich hands-on experience at a senior level, having been responsible for the management of the sales teams and the regulatory and compliance performance of the business across APAC.
He holds CISI Global Securities Operations and CISI Extended Certificate in Investment Operations (International Securities & Investment, Operational Risk, Derivatives Operations) qualifications. He also holds qualifications with the Singapore Institute of Banking and Finance. He was educated in the UK at the Royal Military Academy, Sandhurst.