PURPOSE

To present techniques and modern instruments for evaluation of investments in funds available in Brazil and also instruments for fund business management and strategy.

 MAIN TOPICS

. North-American funds industry
. Active versus passive administration
. Aggressiveness, selectivity, and timing
. Analysis of style based on returns
. Financial market anomalies
. Qualitative aspects in fund selection
. Calculation and application of Value at Risk - VaR
. Chinese wall, equity, history versus objective
. How to obtain the expected return
. Behavior of main assets in Brazil
. Performance of the national investment funds
. Due-diligence
. Enhanced index funds. Equity Style adopted in Brazil
. Flows, fund size, the herd effect and the manager
. Fund with guaranteed principal
. Performance management and appraisal
. Hedge funds and independent managers
. Impact of derivatives
. Investment indexes available in Brazil
. IS, ISG, Treynor, alpha, IVA and M2
. Standards for performance v scoring
. Perspectives for funds industry
. Investment policy
. Which is the best performance index?
. Rating for funds
. Regulation and types of funds
. Systematic and non-systematic risk
. Extreme risks
. Script for fund selection and outside manager
. Script for using performance indexes
. Portfolio selection, ideal benchmark, and maverick risk
. Selection of funds
. Survivorship bias in Brazil
. Theory of investments
. Value, growth, contrarian and momentum