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KBAM 2085 - Strategic & tactical asset Allocation in Private Banking

Type d'enseignement : Seminar

Semester : Spring 2017-2018

Number of hours : 12

Language of tuition : English



Course Description

This course on Asset Allocation provides an overview on the way to design an investment portfolio for wealthy private clients. You'll get to understand the step by step process and the questions to be tackled for that, in order to achieve an allocation that is consistent with both the client's expectations/constraints, the regulatory frame and the bank services. Examples and practice will help you integrate those principles on an active way.


  • DELPECH, Vincent (Head of Multi Asset Portfolio management)
  • HERNU, Mathieu (Head of Structured & Derivatives Portfolio Management)
  • MIGUELEZ, Anthony (Head of asset allocation for advisory)

Pedagogical format

There will be 6 sessions of 2h each dedicated to the explanation and the illustration of the process, during which students will be encouraged to participate. We will share ahead of each session the slides that will be used to present the key principles and the details of each step: risk profiling, strategic allocation and tactical allocation. On top of that, students will be exposed some actual client cases to develop such process. We may as well use some websites and tools to help you work on those sessions.

Course validation

The course validation will rely mainly on a group presentation at the end of the course during which you'll have to answer a client request: basically, it will be an opportunity for you to present your understanding and recommendations on a study case as a private banker would do. This grade will be completed (for one quarter) by an individual evaluation based on the overall course participation/production..


Students work will be mainly concentrated on the course sessions only, very few things to prepare from one session to another.

Additional required reading