A Virtual Academy Program Course
October 23 - 24, 2023
Register HereInstitutional Portfolio Construction & Strategy
This course discusses "top down" approaches to, and strategies for, portfolio construction from institutional real estate industry participants' perspectives on investment policy, strategy development, and risk measurement. Utilizing NCREIF data with a focus on both return and risk measures, modern portfolio theory (MPT) along with other portfolio construction strategies and considerations form the basis for course discussions and exercises.
Risk analysis within the portfolio construction, monitoring, and rebalancing process includes instruction on the use and interpretation of various risk measures, including the Sharpe, Treynor, and Sortino ratios along with the duality of beta in the form of upside and downside betas. Within the context of the investment policy statement and/or investment fund parameters, the course concludes with discussions on rebalancing and/or modification of investment strategy along with considerations as to "style" and risk and return parameters within a specific fund or investment program.
NCREIF E-Learning Opportunity
Course will be offered in two modules on the following dates,
all Central Time:
Monday, October 23: 11:00 AM - 3:00 PM
Tuesday, October 24: 12:00 PM - 2:00 PM
Course fees:
Investor/Academic Members $330
All Other Members $520
Non-Members $580