新兴市场下的企业投资组合模型

Lecture 1 :

Objective: Law of one price and opportunity cost of capital

Individual Assignment: Comprehension test 1

Group Assignment: Submit a one-page report describing each asset andany interesting features, including, if applicable, a description ofthe country/company market capitalization, credit ratings,price-to-earnings (P/E) ratios, and liquidity indicators (ifpossible, check daily trading volumes; may not be possible for allassets).

学习目标：掌握一价法则、资本的机会成本

个人作业：理解测试1

小组作业：提交一份一页纸的报告，描述每种资产及有趣的特点，包括（如果适用）国家/公司市值，信用等级，市盈率和流动性指标的描述 （如条件允许，请查询每日交易量；但可能并非对所有资产都可行）。

Lecture 2:

Objective: Pricing risk and portfolio theory

Individual Assignment: Comprehension test 2Group Assignment:

- Graph weekly price trends per asset in price Net Asset Value (NAV)

- Calculate annualized volatility and return for each asset as wellas for the subfund index.

- In one paragraph, how has your subfund compared against thereference assets?

学习目标：定价风险与投资组合理论

个人作业：理解测试2

小组作业：

-用价格净资产值（NAV）绘制每个资产的每周价格趋势

-计算每种资产以及子基金指数的年度波动率和回报

-就子基金与参考资产相比撰写一段文章

Lecture 3:

Objective: Hard currency credit

Individual Assignment: Comprehension test 3Group Assignment:

- On one-page, discuss macro, regional, country, or company

-specifichappenings that may have affected the performance of your subfundassets.

- Do not forget to include general market trends (e.g., interestrates, U.S. markets); regional happenings (e.g., elections,devaluations, ratings changes); or company-and asset-specificdevelopments (e.g., earnings, market rally, etc.).

学习目标：掌握硬通货信贷

个人作业：理解测试3

小组作业：

-用一页纸的篇幅，讨论可能影响子基金资产绩效的宏观，区域，国家或公司范围内的特定事件。

-请包含一般的市场趋势（例如，利率，美国市场）； 区域性事件（例如选举，贬值，评级改变）; 或公司和资产的特定发展情况（例如收益，市场反弹等

Lecture 4:

Objective: Local current credit

Individual Assignment: Comprehension test 4Group Assignment:

- Build a correlation matrix for assets in you subfund index anddiscuss.

- Please find correlations for your assets with the nine referencedasset classes. Please comment on any strong positive or negativecorrelations.

学习目标：掌握当地流动信贷

个人作业：理解测试4

小组作业：

-为你的子基金指数中的资产建立相关矩阵并进行讨论。

-请找到与引用的九种资产类别相关的资产。 请对强烈的正或负相关发表建议

Lecture 5:

Objective: Equity investments

Individual Assignment: Comprehension test 5Group Assignment:

-Select one asset in your subfund that your team will recommend.

学习目标：股本投资

个人作业：理解测试5

小组作业：选择子基金中的一种资产并在小组中推荐。

Lecture 6:

Summary and Presentation

课题总结、最终成果展示