©BG Consulting Group Ltd 2019        

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 Tailored Training Courses 

 Asset and Wealth Management 

Asset and Wealth Management Training Tailored to Your Requirements

 

We offer a broad range of training topics to our clients from the Asset Management and Private Banking industry.  Please find below some of our core asset and wealth management training ideas, and contact us to find out more about our approach to graduate and continual development training on these subject areas.

Locations

 
BG Europe

Unit D

Molasses House

Clove Hitch Quay

Plantation Wharf

Battersea

London SW11 3TN

 

T: +44 (0) 20 7648 4000

F: +44 (0) 20 7648 4020

 

 

BG Middle East

Level 14

Boulevard Plaza Tower One

Emaar Boulevard

Downtown Dubai

PO Box 334155

 

T: +971 4 455 8425

 

 

BG Hong Kong

10F

Central Building

1-3 Peddar Street

Central Hong Kong

 

T: +852 6343 7594

 

 

BG Singapore

10 Anson Road

26-04 International Plaza

Singapore 079903

 

T: +65 8313 8810

 

 

 

  • Overview of AWM

  • Asset Management Products

    • Active Management

    • Passive Management

    • Alternatives

  • Wealth Management Products

    • Private Client

    • Family Offices

    • Professional Advisors

  • Investor types and Market segmentation

Overview Topics
Contextualising Asset & Wealth Management
  • Introduction to financial markets:

    • Financing & risk-transfer

    • Infrastructure

    • Regulators

  • Structure of the Asset and Wealth Management Industry

  • Key concepts in Asset & Wealth management:

    • KYC & suitability

    • Custody

    • Investment funds basics

  • Overview of Money Markets

  • Money market instruments e.g. Commercial paper versus certificates of deposits

  • Interest Rates – Floating versus Fixed Rates

  • Interest rate maths, day-counts

  • Central Bank rates versus LIBOR, EURIBOR, etc.

  • Bond Fundamentals

  • Intuitive Pricing

  • Yield Curves

  • DCM and new issuance

  • Other Fixed Income Products

 

Fixed Income Products
  • Fundamentals of equity products

  • Equity Valuation Guidelines

  • Price Earnings, growth versus value stocks

  • Dividend yield

  • Collective Investments

  • Equity Indices

  • Equity Capital Markets

  • Trading venues overview

  • How an exchange operates

  • Orders & processing

Equity Products
  • What is an ETF

  • ETF issuers and investors

  • Understanding how ETF work: creation units, Authorised Participants, NAV calculation

  • Comparing ETF and mutual funds

  • ETF types: physical & synthetic, leveraged ETF and actively-managed ETF

  • Other important ETPs: ETNs

  • Using ETFs

  • Risks and benefits of using ETF

ETFs
  • Delivering a solution to a client

  • The various types of wrappers

  • Fund wrappers: OEIC, UIT, UCITS, SIF, 40Act fund

  • Understanding UCITS: scope, mutual recognition, investment restrictions

  • Non-fund wrappers: SPV, managed accounts, ETN, EMTN, structured deposits, Life Insurance contracts

  • On shore vs. offshore vehicles

  • Credit risk, Legal and tax considerations when choosing a wrapper

Wrappers
  • Investment process and investment horizon

  • Strategic and Tactical Asset Allocation

  • Investment mandate and asset class allocation

  • Risk Return

  • Fund Selection

  • Active vs. Passive

  • Core Satellite Approach

Asset Allocation
  • Team based  on-line simulation based on real historical data

  • Simulation with portfolio of indices and individual securities.

Portfolio Simulations
Know your Customer
  • Mean-Variance framework

  • The Markowitz model

  • The Black Litterman model

  • Portfolio Risk and Return

  • Expected Returns

  • Measuring Risk

  • Normal Distribution, Covariance,

  • Correlation

  • Systematic versus unsystematic risk, the CAPM

  • Diversification in Practice

Portfolio Construction
  • Calculating returns, time versus money-weighted, arithmetic versus geometric

  • Indices, choosing and constructing a benchmark

  • Performance measurement, alpha, Treynor & Sharpe ratios

  • Attribution analysis

Performance Management
  • Hedge Fund Strategies

    • Global Macro

    • Relative Value

    • Event Driven

    • Arbitrage

  • Differences between a hedge fund and mutual fund

  • Fee Structures, high watermark 2/20

  • Private Equity

    • Leverage Buy Outs

Hedge Funds
  • Different Real Estate Valuation Methods

  • Income Approach

  • Cost Approach

  • Market Approach

  • Different types of Real Estate and financing attractiveness

  • Ways of investing in Real Estate e.g.
    Direct Investment versus REITs

Real Estate
  • Principles of Valuation

  • Enterprise Value versus Equity Value

  • Relative Valuation

    • Market Multiples

    • Precedent Transactions

    • Sum of the Parts

  • Cost of Capital

    • Cost of Equity

    • Cost of Debt

  • Beta – levered vs Unlevered

  • CAPM

  • Terminal Value

  • Gordon Growth Model

  • Return on New Invested Capital

  • Discounted Cash Flow Modelling

Equity Valuation
  • Understanding fiduciary duty and best execution

  • Internal process and policies; identifying conflicts of interest

  • Avoiding execution malpractice, litigation and reputation risks

  • Understanding client needs, client segmentation and KYC

  • Ascertaining and monitoring product suitability

  • Disclosing fees and risks in products

  • Assets safeguard and custody

  • Product valuation and secondary market

Environmental, Social and Corporate Governance Standards
  • Spot Markets and Cross Rates

  • Forward Markets

  • Currency management in a portfolio

  • Commodities as an asset class

  • Backwardation versus Contango

Currencies and Commodities
  • Forward Pricing

  • Why interest rate forwards are different

  • Key features and applications of forwards across asset classes

  • Introduction to swaps

     

Forward Priced Derivatives
  • Option fundamentals

  • Intuitive pricing and risk management

  • Portfolio hedging and optimisation with options

  • Non-conventional pay-offs

  • Using options in practice

  • Collateral management

  • Central-clearing & counterparty risk monitoring

Options
  • Duration hedging

  • Asset and liability matching

  • IRS and credit derivatives

  • Equity futures and swaps

  • Hedging the share classes of a fund using FX forwards

  • Understanding the regulatory restrictions on the use of derivatives under UCITS

  • Stock-lending, repo and other Efficient Portfolio Management techniques

Using Derivatives in Portfolios
  • Designing structured products

  • Risk and Return

  • Risk and Return for the client

  • Implementing structured products in portfolios using swaps

  • Achieving capital protection in a fund:

    • Using options

    • Using CPPI

Structured Products
Contextualising Asset & Wealth Management