Syllabus Information

5.1. Methodological overview

The subject includes theoretical and practical lectures. Due to the operative content of the subject, practical examples will be introduced in the theoretical lectures with analyses close to the real markets. Lectures are expected to be participative.

Practical lectures will be developed in a computer framework including real cases worked and solved by the students under the supervision of the teacher.

Complementary voluntary activities will be proposed consisting in group or individual analyses

5.2. Learning tasks

Participative theoretical lectures

Practical lectures to solve real cases

Individual written exams

Individual tutorial activities

Official exams: see evaluation section

Voluntary works to solve complementary problems related to the activities developed in the practical lectures

5.3. Syllabus

Part I: Portfolio management

-          Asset allocation

-          Traditional portfolio construction. Investor risk profile

-          Timing and selection habilities

-          Investment style: active, passive, indexed and alternative investment

Part II: Collective Investment portfolios

-          Mutual funds

-          Investment societies

Part III: Performance evaluation and performance attribution

-          Return

-          Performance

-          Performance relative to a benchmark

-          Selectivity

-          Performance attribution

5.4. Course planning and calendar

Lecture schedule will be announced in the website of the Faculty. The deadlines of the different complementary activities will be reported by the teachers.

5.5. Bibliography and recommended resources

[BB: Bibliografía básica / BC: Bibliografía complementaria]

• [BB] Comisión Nacional del Mercado de Valores. Madrid, Comisión Nacional del Mercado de Valores [Acceso a la web]
• [BB] Consultar información/recursos que se preparan por parte de los profesores utilizando ejemplos-materiales de diferentes páginas web de organismos públicos, entidades financieras, etc.
• [BC] Gómez Bezares, Fernando : Gestión de carteras : (eficiencia, teoría de cartera, CAPM, APT) / Fernando Gómez-Bezares . - 4ª ed. [Bilbao] : Desclée de Brouwer, 2016

Listado de URL

• Comisión Nacional del Mercado de Valores [https://www.cnmv.es/portal/home.aspx]