This course introduces the foundations of modern asset management, drawing on insights from leading academic research and their implications for investment practice. We study how investors allocate assets, construct portfolios, and evaluate investment performance, and explore how theoretical models hold up when confronted with real-world data.
A central goal of the course is to connect research with the decisions faced by professional investors. We examine topics such as diversification, factor investing, benchmarking, and performance evaluation, with applications to widely used investment vehicles including mutual funds and ETFs. By the end of the course, students will understand how research-based insights shape real-world investment strategies and how these strategies are assessed in practice.
- Teacher: Felix Wilke