The Business of Institutional Asset Management

Catalog description

(Also offered as FNCE 3401 .) A real-world overview of institutional asset management from a business perspective. Students learn the role of major departments within an asset management firm, how they interact, and how they fit together into a cohesive business. The course covers ownership structures, compensation schemes, client types, performance analysis, marketing models, legal, and compliance issues. The class also discusses current trends in institutional asset management including active versus passive investing, factor investing and smart beta, GIPS compliance, investment vehicles, and liquidity.