Attachement:1
INVESTMENT STRATEGY AND PORTFOLIO MANAGEMENT
important for the Questions
Answer the questions And separate the example
Provide critical analysis of relevant points. You should include relevant diagrams, models, equations, examples and insights from reading materials.
Also do not use to much words For the answer
Don’t make the answer like essay.
(I)Explain why an actively managed fund might be ‘searching for positive alpha’ and critically analyse the key characteristics of an active equity investment strategy based on security selection.
(II) Explain the main characteristics of an active equity investment strategy based on market timing.
(III)Discuss the main participants in the credit-rating industry.
(IV)Explain the principles of traditional and quantitative investment management styles.
Use this Article for the answer https://www.tandfonline.com/doi/full/10.1080/1351847X.2016.1177565
(VI)Critically discuss the main principles of managing a bond portfolio using immunisation and cash matching approaches.
(VII) Briefly outline the stages involved in a ‘top down’ approach to portfolio management, and critically analyse the fund management considerations when acting on behalf of a ‘gross investor’ (using the client’s utility function), as well as a ‘net investor’ (using a ‘safety-first’ criterion).