Learning outcomes

The course is split in two, strictly interconnected parts: in the first part, the assessment of both Treasury and corporate bonds will be done both on an individual and portfolio level. This is meant to examine the logics of portfolio management, both active and passive. In the second part, the assessment of equity and the structure and functioning of financial markets, mainly at a national level, will be pursued, always keeping in mid the importance of technological developments and financial innovation.
Lectures may be integrated with experts’ insights on specific topics and/or small groups exercises.

Program

1. Portfolio management
2. Measuring risks and returns of corporate bonds and corporate bonds portfolios
3. Using Bund Futures for Treasury bonds portfolios
4. OTC derivatives
5. Measuring risks and returns of equities
6. Equity portfolios management
7. Financial markets



Textbooks
P. L. FABRIZI (eds.), Economia del mercato mobiliare, Egea, Milano, 2011
(selected chapters only: chapters 4, 5, 6, 7, 8, 12, 13, 15, 16)
Further readings on specific topics will be made available during lessons.
Textbooks and further readings are consistent with the syllabus.

Examination Methods

Written test made up of multiple choice and/or open questions and/or exercises.