Overview

In recent years, the virtual assets industry has grown rapidly. Asset managers, brokers, and traders have been evaluating virtual assets as a new investible asset class and trying to position them into a professional portfolio.

Objective

The course will help the participants to:
- Gain an understanding of how the risk/return profile of virtual assets fits into a professionally-managed portfolio
- Learn the logic behind the investment theses in driving continued interest in virtual asset
- Be able to identify the 4 types of risks in the virtual assets market and how to mitigate them
- Gain an in-depth understanding of the primary and secondary market landscape for virtual assets, and how to partner for success
- Be able to describe the benefits of using tokenisation for securitisation
- Position themselves or their firm to capture opportunities in the growing virtual assets industry
- Understand the regulatory landscape for virtual assets in Hong Kong and beyond

Content

1. A quick review of industry history and recent market growth
2. Defining the virtual assets, including different asset sub-types (NFTs, securities, commodities, currency, etc.)
3. How to position virtual assets in a professional portfolio, including the current investment theses for the asset class
4. Investment products traded in the markets today
5. An overview of market sentiment and price drivers
6. An overview of primary and secondary market infrastructures
7. Identifying the differences between licensed vs unlicensed counterparties
8. Asset tokenisation (including tokenised securities) and the opportunities for financial intermediaries
9. Identifying and mitigating market, credit, liquidity, and operational risk in virtual assets
10. Regulatory trends in Hong Kong, Singapore, and ROW

Who should attend

This course is primarily targeted at asset managers, brokers and traders and sophisticated professional investors who may consider investing in virtual assets.

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 for courses/seminars held for the period from 1 October 2016 to 31 August 2022 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.