Number of hours
- Lectures 12.0
- Projects -
- Tutorials -
- Internship -
- Laboratory works 18.0
- Written tests -
ECTS
ECTS 4.0
Goal(s)
The aim of this course is threefold: (1) to explain the theories and principles of alternative investment management (and in particular Socially Responsible Investment), (2) to explain computerized methods for managing and processing financial data, and (3) to apply the knowledge acquired to a quantitative alternative investment strategy.
This course is also designed to enable students to put into practice the knowledge acquired in the “Portfolio selection and performance measurement” course, since they will be required to evaluate the performance of the investment strategy they will implement.
Mnacho ECHENIM, Sonia JIMENEZ GARCES
Content(s)
This course will include the following steps:
1- Overview of alternative investment management
2- Technical analysis and tactical portfolio management.
3- Socially responsible investment and portfolio management
4- Momentum strategy, descriptive elements of cryptocurrency markets
5- Practical application: implementing a quantitative alternative investment strategy.
5.1 Knowledge of IT methods for managing and processing financial data
5.2 Practical implementation of the “Momentum” investment strategy on crypto-currencies and evaluation of its performance.
Prerequisites for this course are the following 2nd year finance courses:
- Investment, Financing and Firm Valuation (IFEE)
- Financial Markets
- Financial Theory
As well as the “Portfolio Selection and Performance Measurement” course (3rd year course - M2 Quantitative Finance).
Evaluation : Projet (rendu du code et des résultats) (NC)
Resit : Projet (rendu du code et des résultats) (NC)
Session 1: 100% project
Session 2: 100% project
The course exists in the following branches:
- Curriculum - Financial Engineering - Semester 9
Course ID : WMMFMB22
Course language(s):
You can find this course among all other courses.
Bibliographie :
"Returns to Bying Winners and Selling Losers : Implications for Stock Market Efficiency", N. Jedadeesh and S. Titman, The Journal of Finance, 48, 1, 1993
"Cryptocurrencies and momentum", K. Grobys and N. Sapkota, Economic Letters, 180, 2019.