Strategic Investment Planning and Portfolio Management for Recovered Asset Funds

Course overview

When recovered money accumulates faster than it can be spent, it must be invested, and investment without a plan exposes public funds to unnecessary loss. This recovered asset portfolio management course teaches fund managers and investment committees how to turn a fund's mandate into a multi-year investment plan and manage the portfolio day to day.

Participants start with the fund's purpose, liabilities and cash needs, and translate them into investment objectives and constraints. They then build and test portfolios suited to regional markets, from treasury bills and infrastructure bonds to bank deposits and real estate, and learn how to plan liquidity for victim compensation, approved projects and transfers to the exchequer. Day-to-day portfolio management is covered in detail: execution, rebalancing, cash forecasting, performance review and working with external managers. A running case follows a newly created recovered asset fund through its first three years.

Participants leave with a draft investment plan and portfolio management routine they can adapt for their own fund.

What you will be able to do

• Translate a fund's mandate and liabilities into investment objectives
• Prepare a multi-year strategic investment plan
• Build portfolios using instruments available in regional markets
• Plan liquidity for compensation, projects and exchequer transfers
• Rebalance portfolios within policy ranges
• Review portfolio performance against benchmarks and objectives
• Oversee external managers and custodians effectively

Who should attend

For managers, investment officers and committee members responsible for investing recovered funds. Familiarity with basic investment concepts is assumed.

• Recovered asset fund managers
• Investment officers
• Treasury officers
• Investment committee members
• Finance directors in asset recovery agencies
• Pension and public fund managers

Course outline

Fees are per participant in US dollars and cover tuition, course materials and your certificate. Travel and accommodation are not included.