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Investment policy statement: Mr. Borges

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Resumo:This Master’s Final Work (MFW) is aimed at developing an Investment Policy Statement (IPS) for a fictional individual investor, Mr. Borges. The IPS is crafted to attend the client’s investment objectives, required return, and investment constraints. An adequate investment philosophy was chosen for the client, as well as a strategic asset allocation and security selection. Robust risk analysis was conducted in order to measure the risks Mr. Borges’ suggested portfolio faces, as well as qualitative risk analyses and classification. The IPS outlines a tailored investment strategy for Mr. Borges, a 35-year-old Brazilian government worker with substantial investment experience and an investment amount of BRL 1,000,000.00. His primary objective is to double his invested value over a five-year horizon, achieving a 100% return, either to reinvest in his new online business or to secure his financial future. To meet this objective, an annual return of 18.89%, already adjusted for inflation, is required. Mr. Borges’ risk tolerance is high, preferring bold investments during market downturns. The suggested portfolio focuses on Brazilian blue-chip stocks (80%) and highly liquid government bonds (20%). Specific constraints on equity selection include prohibitions on IPOs, short-selling, and leverage, with a limit of five blue-chip stocks from different sectors. The portfolio will be managed by MG Investments, which will provide quarterly performance reports. Risk metrics such as volatility, Value at Risk (VaR), Conditional VaR (CVaR), and the Sortino ratio will be employed to monitor and adjust for risk. The portfolio will be rebalanced quarterly to ensure it remains aligned with Mr. Borges’ objectives and investment constraints.
Autores principais:Gonçalves, Max Well Elias
Assunto:Portfolio Theory IPS Individual Investor Value Investing Mean Variance Theory Risk Management Teoria da Carteira DPI Investidor Individual Investimento em Valor Teoria Média-Variância Gestão do Risco
Ano:2024
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
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author Gonçalves, Max Well Elias
author_facet Gonçalves, Max Well Elias
author_role author
contributor_name_str_mv Vieira, Pedro Rino
Repositório Científico de Acesso Aberto da ULisboa
country_str PT
creators_json_txt [{\"Person.name\":\"Gonçalves, Max Well Elias\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Vieira, Pedro Rino
Repositório Científico de Acesso Aberto da ULisboa
datacite.creators.creator.creatorName.fl_str_mv Gonçalves, Max Well Elias
datacite.date.Accepted.fl_str_mv 2024-10-01T00:00:00Z
datacite.date.available.fl_str_mv 2025-09-01T00:30:46Z
datacite.date.embargoed.fl_str_mv 2025-09-01T00:30:46Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Portfolio Theory
IPS
Individual Investor
Value Investing
Mean Variance Theory
Risk Management
Teoria da Carteira
DPI
Investidor Individual
Investimento em Valor
Teoria Média-Variância
Gestão do Risco
datacite.titles.title.fl_str_mv Investment policy statement: Mr. Borges
dc.contributor.none.fl_str_mv Vieira, Pedro Rino
Repositório Científico de Acesso Aberto da ULisboa
dc.creator.none.fl_str_mv Gonçalves, Max Well Elias
dc.date.Accepted.fl_str_mv 2024-10-01T00:00:00Z
dc.date.available.fl_str_mv 2025-09-01T00:30:46Z
dc.date.embargoed.fl_str_mv 2025-09-01T00:30:46Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10400.5/98907
dc.language.none.fl_str_mv eng
dc.publisher.none.fl_str_mv Instituto Superior de Economia e Gestão
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Portfolio Theory
IPS
Individual Investor
Value Investing
Mean Variance Theory
Risk Management
Teoria da Carteira
DPI
Investidor Individual
Investimento em Valor
Teoria Média-Variância
Gestão do Risco
dc.title.fl_str_mv Investment policy statement: Mr. Borges
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_bdcc
description This Master’s Final Work (MFW) is aimed at developing an Investment Policy Statement (IPS) for a fictional individual investor, Mr. Borges. The IPS is crafted to attend the client’s investment objectives, required return, and investment constraints. An adequate investment philosophy was chosen for the client, as well as a strategic asset allocation and security selection. Robust risk analysis was conducted in order to measure the risks Mr. Borges’ suggested portfolio faces, as well as qualitative risk analyses and classification. The IPS outlines a tailored investment strategy for Mr. Borges, a 35-year-old Brazilian government worker with substantial investment experience and an investment amount of BRL 1,000,000.00. His primary objective is to double his invested value over a five-year horizon, achieving a 100% return, either to reinvest in his new online business or to secure his financial future. To meet this objective, an annual return of 18.89%, already adjusted for inflation, is required. Mr. Borges’ risk tolerance is high, preferring bold investments during market downturns. The suggested portfolio focuses on Brazilian blue-chip stocks (80%) and highly liquid government bonds (20%). Specific constraints on equity selection include prohibitions on IPOs, short-selling, and leverage, with a limit of five blue-chip stocks from different sectors. The portfolio will be managed by MG Investments, which will provide quarterly performance reports. Risk metrics such as volatility, Value at Risk (VaR), Conditional VaR (CVaR), and the Sortino ratio will be employed to monitor and adjust for risk. The portfolio will be rebalanced quarterly to ensure it remains aligned with Mr. Borges’ objectives and investment constraints.
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id ul_aad9fa2d47f5d411de8a70bbfd83f0bd
identifier.url.fl_str_mv http://hdl.handle.net/10400.5/98907
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institution Universidade de Lisboa
instname_str Universidade de Lisboa
language eng
network_acronym_str ul
network_name_str Repositório da Universidade de Lisboa
oai_identifier_str oai:repositorio.ulisboa.pt:10400.5/98907
organization_str_mv urn:organizationAcronym:ul
person_str_mv Gonçalves, Max Well Elias
publishDate 2024
publisher.none.fl_str_mv Instituto Superior de Economia e Gestão
reponame_str Repositório da Universidade de Lisboa
repository_id_str urn:repositoryAcronym:ul
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spelling engInstituto Superior de Economia e Gestãopt_PTThis Master’s Final Work (MFW) is aimed at developing an Investment Policy Statement (IPS) for a fictional individual investor, Mr. Borges. The IPS is crafted to attend the client’s investment objectives, required return, and investment constraints. An adequate investment philosophy was chosen for the client, as well as a strategic asset allocation and security selection. Robust risk analysis was conducted in order to measure the risks Mr. Borges’ suggested portfolio faces, as well as qualitative risk analyses and classification. The IPS outlines a tailored investment strategy for Mr. Borges, a 35-year-old Brazilian government worker with substantial investment experience and an investment amount of BRL 1,000,000.00. His primary objective is to double his invested value over a five-year horizon, achieving a 100% return, either to reinvest in his new online business or to secure his financial future. To meet this objective, an annual return of 18.89%, already adjusted for inflation, is required. Mr. Borges’ risk tolerance is high, preferring bold investments during market downturns. The suggested portfolio focuses on Brazilian blue-chip stocks (80%) and highly liquid government bonds (20%). Specific constraints on equity selection include prohibitions on IPOs, short-selling, and leverage, with a limit of five blue-chip stocks from different sectors. The portfolio will be managed by MG Investments, which will provide quarterly performance reports. Risk metrics such as volatility, Value at Risk (VaR), Conditional VaR (CVaR), and the Sortino ratio will be employed to monitor and adjust for risk. The portfolio will be rebalanced quarterly to ensure it remains aligned with Mr. Borges’ objectives and investment constraints.application/pdfpt_PTInvestment policy statement: Mr. BorgesGonçalves, Max Well EliasVieira, Pedro RinoHostingInstitutionOrganizationalRepositório Científico de Acesso Aberto da ULisboae-mailmailto:repositorio@reitoria.ulisboa.ptrepositorio@reitoria.ulisboa.pt2025-09-01T00:30:46Z2024-102024-10-01T00:00:00ZHandlehttp://hdl.handle.net/10400.5/98907http://purl.org/coar/access_right/c_abf2open accessPortfolio TheoryIPSIndividual InvestorValue InvestingMean Variance TheoryRisk ManagementTeoria da CarteiraDPIInvestidor IndividualInvestimento em ValorTeoria Média-VariânciaGestão do Risco1724467 bytesliteraturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorio.ulisboa.pt/bitstreams/91617a1a-b9e4-4cf4-b069-9b7b15b3d087/download
spellingShingle Investment policy statement: Mr. Borges
Gonçalves, Max Well Elias
Portfolio Theory
IPS
Individual Investor
Value Investing
Mean Variance Theory
Risk Management
Teoria da Carteira
DPI
Investidor Individual
Investimento em Valor
Teoria Média-Variância
Gestão do Risco
status SINGLETON
subject.fl_str_mv Portfolio Theory
IPS
Individual Investor
Value Investing
Mean Variance Theory
Risk Management
Teoria da Carteira
DPI
Investidor Individual
Investimento em Valor
Teoria Média-Variância
Gestão do Risco
title Investment policy statement: Mr. Borges
title_full Investment policy statement: Mr. Borges
title_fullStr Investment policy statement: Mr. Borges
title_full_unstemmed Investment policy statement: Mr. Borges
title_short Investment policy statement: Mr. Borges
title_sort Investment policy statement: Mr. Borges
topic Portfolio Theory
IPS
Individual Investor
Value Investing
Mean Variance Theory
Risk Management
Teoria da Carteira
DPI
Investidor Individual
Investimento em Valor
Teoria Média-Variância
Gestão do Risco
topic_facet Portfolio Theory
IPS
Individual Investor
Value Investing
Mean Variance Theory
Risk Management
Teoria da Carteira
DPI
Investidor Individual
Investimento em Valor
Teoria Média-Variância
Gestão do Risco
url http://hdl.handle.net/10400.5/98907
visible 1