Risk Management and Investment Management
The Risk Management and Investment Management module is broken down into the following elements:
- Portfolio construction
- Risk decomposition and performance attribution
- Risk budgeting
- Setting risk limits
- Hedge fund risk management
- Risk-return metrics specific to hedge funds
- Risks of specific strategies (fixed-income arbitrage, merger arbitrage, convert arbitrage, equity long/short-market neutral, macro, distressed debt, emerging markets)
- Asset illiquidity, valuation and risk measurement
- The use of leverage and derivatives and the risks they create
- Measuring exposures to risk factors (dynamic strategies, leverage, derivatives, style drift)
- Pension fund risk management
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