週次 |
日期 |
單元主題 |
Week 1 |
09/18 |
Holiday |
Week 2 |
09/25 |
Holiday |
Week 3 |
10/02 |
Introduction
Reading: The Asset Management Industry in 2010 (2005 MCKINSEY & COMPANY, Inc.)
|
Week 4 |
10/09 |
Topic: Market Forecast
Homework: Capital Market Forecasts
Reading: Ch. 4, Capital Market Expectations, Managing Investment Portfolio
|
Week 5 |
10/16 |
Topic: Investment Policy
Homework: Do you agree with the 2005 proposal?
Reading: Investment Policy at the Hewlett Foundation, 2005 (HBS Case:# 9250126)
|
Week 6 |
10/23 |
Topic: Asset Allocation I Homework: Contruct an Efficieny Frontier Reading: Ch. 5, Asset Allocation, Managing Investment Portfolio |
Week 7 |
10/30 |
Topic: Asset Allocation II
Homework: Define alpha and beta drivers
Reading: Total Return Strategies for Multi-Asset Portfolio (JPM Winter 2007)
|
Week 8 |
11/06 |
opic: Performance Evaluation
Homework: Use past performance to select funds
Reading: Ch. 12, Evaluating Portfolio Performance, Managing Investment Portfolio
|
Week 9 |
11/13 |
Topic: ETF and Enhanced Index Fund
Homework:
Dimensional Fund Advisors, 2002 (HBS Case:# 9203026)
References:
History of The Forecasters (JPM, Fall 2004)
Revising Core-Satellite Investing (JPM, Fall 2004)
|
Week 10 |
11/20 |
Topic: Portable Alpha
Homework: Measure the alpha of an alpha fund
Reading: Portable Alpha (JPM Spring 2004)
|
Week 11 |
11/27 |
Topic: Alternative Assets I
Homework: Where are sub-primes hidden in?
Reading:
Ch. 8, Alternative Investments Portfolio Management, Managing Investment Portfolio
|
Week 12 |
12/04 |
Topic: Alternative Assets II
Homework: How to manage the crisis?
Reading:
Long –Term Capital Management, L.P. (c), (HBS Case:# 9200009) |
Week 13 |
12/11 |
Topic: Pension Product and Pension Fund Management Homework: Target Fund as the default choice Reading: The Vangard Group, Inc. in 2006 and Target Retirement Funds (HBS Case:# 9250126) |
Week 14 |
12/18 |
Topic: Pension Systems and Aging Demography
Homework: Calculate your pension
Reading:
Gender Differences in Risk Aversion and Expected Retirement Benefits (FAJ July/Auguest 2007) |
Week 15 |
12/25 |
Company Visit
Fuh Hwa Security Investment Trust
Gathering Time: 9:25 am
Gathering Place: Update Later
Venue: Update Later |
Week 16 |
1/1 |
Holiday |
Week 17 |
1/8 |
Presentations and Discussions |
Week 18 |
1/15 |
Presentations and Discussions |