週次 |
日期 |
單元主題 |
Week 1 |
9/16 |
Introduction
Reading: The Asset Management Industry in 2010 (2005 MCKINSEY & COMPANY, Inc.) |
Week 2 |
9/23 |
Topic: Market Forecast
Homework: Capital Market Forecasts (written report not required)
Reading: Ch. 4, Capital Market Expectations, Managing Investment Portfolio
|
Week 3 |
9/30 |
Topic: Investment Policy
Homework: Do you agree with the 2005 proposal?
Reading: Investment Policy at the Hewlett Foundation, 2005 (HBS Case:# 9250126)
|
Week 4 |
10/07 |
Topic: Asset Allocation I
Homework: Contruct an Efficieny Frontier
Reading: Ch. 5, Asset Allocation, Managing Investment Portfolio
|
Week 5 |
10/14 |
Topic: Asset Pricing and Market Efficiency
Homework: DFA SWOT analysis
Reading: Dimensional Fund Advisors, 2002 (HBS Case:# 9203026)
|
Week 6 |
10/21 |
Topic: ETF and Enhanced Index Fund
Homework: Visit the BGI website
Reading:
Barklays Global Investors and Exchange Traded Funds (HBS Case:# 9208033)
|
Week 7 |
10/28 |
Topic: Portable Alpha
Homework: Measure the alpha of an alpha fund
Reading: Portable Alpha (JPM Spring 2004)
Performance, Managing Investment Portfolio |
Week 8 |
11/04 |
Topic: Alternative Assets I Homework: Should LTCM return capital to its investors? Reading: Ch. 8, Alternative Investments Portfolio Management, Managing Investment Portfolio Long –Term Capital Management, L.P. (A), (HBS Case:# 9200007) |
Week 9 |
11/11 |
Topic: Alternative Assets II Homework: Suggestion to the Yale Investment Office Reading: Yale University Investments Office: Auguest 2006, (HBS Case:# 9807073) |
Week 10 |
11/18 |
Guest Speech:
Matei P. Mihalca, Executive Director, Goldman Sachs(Asia) L.L.C. |
Week 11 |
11/25 |
Topic: Performance Evaluation
Homework: Use past performance to select funds
Reading: Ch. 12, Evaluating Portfolio Performance, Managing Investment Portfolio
Reading: Yale University Investments Office: Auguest 2006, (HBS Case:# 9807073)
|
Week 12 |
12/02 |
Topic: Pension Systems and Aging Demography
Homework: Calculate your pension
Reading:
The Pension Plan of Bethlehem Steel, 2001 (HBS Case:# 9202088)
|
Week 13 |
12/09 |
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)
Gender Differences in Risk Aversion and Expected Retirement Benefits (FAJ July/Auguest 2007) |
Week 14 |
12/16 |
Guest Speech:
Speaker: To be announced
Gathering Place: Update Later
Venue: Update Later |
Week 15 |
12/23 |
Presentations and Discussions |
Week 16 |
12/30 |
Presentations and Discussions |
Week 17 |
1/06 |
Presentations and Discussions |