Private Wealth and Portfolio Management

The course in Private Wealth and Portfolio Management is a comprehensive guide to both understanding irrational investor behaviours and creating portfolios for individual investors using the skills developed.

The course provides a straight forward introduction to the practical application of behavioural finance, by offering an overview of what behavioural finance is all about and incorporating this knowledge into the asset allocation process.

The course reviews some of the most commonly found biases, and advice on managing the effects of each bias, then pulls the concepts together in the form of case studies, which clearly demonstrate how practitioners and investors can use behavioural finance in real–world settings.

Objectives

Have a basic understanding of how to develop rational investor behaviour and creating portfolios for individual investors that account for these behaviours.
Be able to develop a straightforward analysis of practical application of behavioural finance, including knowledge of what is behavioural finance, history of behavioural finance, and incorporating investor behaviour into the asset allocation process.
Be able to provide a detailed review of some of the most commonly found biases, complete with general and technical descriptions, practical applications, research reviews, their implications for investors, diagnostic tests, and advice on managing the effects of each bias.
Develop an ability to clearly demonstrate how practitioners and investors can use behavioural finance in real–world settings.
Be able to explore some special and topical issues in the practical application of behavioural finance, and ability to work out what the future holds for this specialist discipline

Who should attend

This course is recommended for personnel involved with managing public and private pension funds, such as risk managers, fund managers, portfolio managers and board members. It is particularly valuable for public fund managers at local and state levels.