Publicação
Investment policy statement : name of the client : Mr. & Mis. Harris
| Resumo: | This Investment Policy Statement (IPS) outlines a comprehensive investment plan tailored to Mr. & Mis. Harris, aimed at financing their retirement within 15 years of investment horizon. The plan combines value-investing principles and a balanced asset allocation approach based on Modern Portfolio Management and the investment philosophies of Munger and Buffet, mitigating risk exposure align to the clients’ risk tolerance of moderate aggressive. The portfolio seeks investing partially in undervalued equities alongside risk-mitigating equities for capital appreciation and fixed-income products for capital preservation. The IPS incorporates various policies, including client evaluation, risk analysis, portfolio construction, and performance measurement and other governing standard investment policies following CFA recommendation. The IPS further discusses investment allocation strategies, risk analysis methods, and the overall balanced portfolio composition for a sample investment portfolio according to the outlined IPS. The use of metrics such as CAPM, MVO, and Monte Carlo simulations helps in assessing expected returns and several risk factors like Value-at-Risk. The IPS also emphasizes the inclusion of Zero-Conditional-Beta Assets to manage risk exposure on equities. |
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| Autores principais: | Dulle, Joshua |
| Assunto: | Asset Management Modern Portfolio Theory IPS Value Investing Monte-Carlo Simulation Balanced Investment Strategy CAPM Minimum-Variance Optimization |
| Ano: | 2023 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório da Universidade de Lisboa |
| Resumo: | This Investment Policy Statement (IPS) outlines a comprehensive investment plan tailored to Mr. & Mis. Harris, aimed at financing their retirement within 15 years of investment horizon. The plan combines value-investing principles and a balanced asset allocation approach based on Modern Portfolio Management and the investment philosophies of Munger and Buffet, mitigating risk exposure align to the clients’ risk tolerance of moderate aggressive. The portfolio seeks investing partially in undervalued equities alongside risk-mitigating equities for capital appreciation and fixed-income products for capital preservation. The IPS incorporates various policies, including client evaluation, risk analysis, portfolio construction, and performance measurement and other governing standard investment policies following CFA recommendation. The IPS further discusses investment allocation strategies, risk analysis methods, and the overall balanced portfolio composition for a sample investment portfolio according to the outlined IPS. The use of metrics such as CAPM, MVO, and Monte Carlo simulations helps in assessing expected returns and several risk factors like Value-at-Risk. The IPS also emphasizes the inclusion of Zero-Conditional-Beta Assets to manage risk exposure on equities. |
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