After identifying the client’s profile, the asset allocation is the next step in the investment process. Usually, (strategic) asset allocation is considered the most important step in the investment process because the choices underlying asset allocation are key to generating the right long-term risk-adjusted investment returns. In this module, you will grasp the latest findings on new and emerging allocation methods such as resampling- risk parity-, All-Weather- and Factor Investing models. You will be able to understand and manage the practical application of portfolio allocation, for example rebalancing the portfolio and other implementation challenges. You will also learn how long-run economic assumptions are made in the Dutch practice.
- Long-run economic assumptions (expected returns, risks, and correlation) and scenarios
- Mean-variance, risk parity, and market-portfolio techniques
- Factor investing to enhance risk-return characteristics
- Fundamental macro factors and investment style factors across asset classes
Separate modules RBA Program
More information about the other modules:
Module 1: Understanding clients and behaviors
Module 2: Regulatory dynamics and practical implications
Module 4: Balance sheet management
Module 5: The future of manager selection, monitoring, and evaluation
All available information that is also relevant and applicable to taking a separate module can be found on the page of the RBA program.