Equity Investing Workshop : Top – Down, Quantitative Equity Investing

Equity Investing Workshop

Module 1 : Top – Down, Quantitative Equity Investing (16 & 17 May 2017)

Eligible for FTS and Skills Future Credit : Programme Code : P160310YUS

Overview:

This four-day "Equity Investing" workshop is organized into two modules of two days each.  Attendees may choose to attend to attend only Module 1 (Days 1 and 2), only Module 2 (Days 3 and 4), or both Module 1 and Module 2 (all four days).

Module 1  takes a top-down view of equity markets, using quantitative analysis of equity funds, portfolios, and index strategies. Day 1 begins with an overall view of global equity markets, how return and risk are calculated, and the important distinction of alpha vs beta against index or ETF benchmarks. Day 2 introduces fundamental factors and screening approaches, long/short strategies commonly employed by hedge funds, and finishes with exercises on option trading and option pricing that lead into the capital structure analysis on Day 2.


 

Who should attend?

Current or future investors in equities and equity funds, including individual investors, fund managers, wealth managers, private equity investors, equity sales professionals, investment bankers, entrepreneurs, and CFA candidates / charter holders with a personal and/or professional interest in becoming better equity investors. 

 

Attendees are assumed to be comfortable with the basics of Microsoft Excel, but are not expected to have any background or experience in equity markets. 


 

Module 1 : Top – Down, Quantitative Equity Investing (16 & 17 May 2017)

Day 1 - Fundamentals of Return, Risk, Alpha and Beta of Equity Portfolios

Course Objectives:

- How to measure returns and risks in equity markets

- How to combine stocks and funds to enhance returns and reduce risk

- How stock indices, stock index futures, and ETFs work

- How to evaluate an actively managed vs an index fund

- A comparison of the actual performance of active investors vs benchmarks

- Common mistakes in fund investing

Course Outline / Modules:

1.   Total Return, Volatility, Value at Risk (VaR) and Sharpe Ratio

2.   Diversification metrics, including correlation and covariance

3.   Examples and comparisons of dozens of real-world stock index instruments and benchmarks

4.   Alpha (what it is an why so many want it), Beta, and Tracking Error

5.   Empirical results on active versus passive investing

 

Day 2 -Factor Models, Long/Short Strategies and Equity Options

Course Objectives:

- How to replicate / track a fund with a limited number of stocks

- How to use fundamental ratios and test their relationship with stock returns

- How "Equity Long/Short” strategies, often used by hedge funds, work

- How some other equity hedge fund strategies work

- Introduction to Stock Options: How they work, how to price and trade options

Course Outline / Modules:

1.   Fund replication, representative sampling and tracking error

2.   Stock screens, factor models and how they work

3.   Absolute vs. Relative Return, Beta Hedging, "130/30" and "Portable Alpha"

4.   Basic option trading strategies, "The Greeks", and how it relates to capital structure

5.   Overview of convertible arbitrage and volatility trading


 

Eligible for FTS and Skills Future Credit : Programme Code : P160310YUS

This workshop is eligible for 14 CE credit hours and 14 CPD credit hours

Requirement: Bring own PC laptop for the workshop

Course Fee

CFA Singapore member price : S$1,600* (Early Bird fee) / S$1,900* (Standard fee)

Non-member price : S$1,900* (Early Bird fee) / S$2,200* (Standard fee)

Course fee for 2 modules : 

CFA Singapore member price : S$3,000* (Early Bird fee) / S$3,600* (Standard fee)

Non-member price : S$3,600* (Early Bird fee) / S$4,200* (Standard fee)

Early bird fee valid till 16 April 2017

* Prices before 7% GST

Please email eventmanagement@cfasingapore.org for more details

Download course brochure here      | Click here for our CFA Singapore official webpage

Tariq Dennison

Mr. Tariq Dennison is partner at Global Financial Markets Training, and has previously worked at Societe Generale, CIBC, JP Morgan, Bear Stearns, Commerzbank, and Andersen Consulting (now Accenture). He earned his Masters in Financial Engineering from the University of California at Berkeley’s Haas School of Business and his Bachelor of Science in Mathematics from Marquette University. Tariq is often praised for his ability to explain complex financial concepts in clear and simple terms to both financial experts and lay people, and for his pioneering work in new financial products. He traded the first Thai Baht denominated credit-linked note at Societe Generale, CIBC’s only Canadian Dollar structured note in Asia in 2010, and numerous “firsts” for Bear Stearns, including their first structured FX and Commodity structured notes, their first access product to India, and their first suite of US and Latin American algorithmic strategy indices.

Anand Batepati

Mr. Anand Batepati is a partner at Global Financial Markets Training, and has over 18 years of experience in financial markets. Previously he was Head of Multi Asset Structuring for Asia at Rabobank. He has held prior roles at HSBC, Bear Stearns, JP Morgan and the World Bank. He holds two masters degrees in finance from London Business School and Asian Institute of Management / McGill University. Anand has served institutional clients such as insurance companies, pension funds, asset managers, wealth managers and securities companies with ALM solutions, structured investments and smart beta strategies. He has experience in multiple asset classes, helped set up a Fund of Hedge Funds practice and worked as a private equity investor in the past. He has worked in New York, London and Hong Kong in his career.

DATE:
Tuesday, May 16, 2017-
Wednesday, May 17, 2017

TIME:
09:00 a.m.-05:00 p.m.

LOCATION:
TBC
TBC

Speaker(s):
Tariq Dennison
Anand Batepati


Early registration by April 16, 2017
$1,712 - CFA Singapore Member / Associate Member
$2,033 - Non Member

After April 16, 2017
$2,033 - CFA Singapore Member / Associate Member
$2,354 - Non Member
SelectPricing CategoryEarly Bird PricesStandard Prices
CFA Singapore Member / Associate Member 1712 (expired) 2033

Non Member 2033 (expired) 2354

 



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