Instructor Led Hedge Training

Global Securities Lending A two-day Introductory overview of the business covering the motivations and roles of market players, the main demand drivers, risk and return, counterparty selection, alternative lending options, and the current state of the market. This course explains the mechanics of securities lending as well as the motivations of the various market players. It focuses on how the economic benefits of  more...

Dynamic Hedging Workshop DYNAMIC HEDGING WORKSHOP is a half-day focus group discussion and networking opportunity for dynamic hedging practitioners. There is no cost to attend but participation in the facilitated discussion is by invitation only covering the following topics. Survey of industry practices Identification of challenges and issues facing industry Benchmarking a hedge effectiveness, grid  more...

Performance Analysis of Hedge Funds ...hedge fund industry looks very different. Due to the poor performance of many funds, redemption issues and the Madoff scam, investors, service providers and other market participants interested in hedge funds will ask questions as to when and whether to invest into hedge funds. Key will be how to measure risks and returns and to what extent analysts can rely on past. A two-day hands-on  more...

Understanding Hedge Funds in the Post Madoff Era Interactive, intermediate-level course providing a thorough overview of hedge funds and the trading strategies they employ.  more...

Dynamic Hedging Essentials DYNAMIC HEDGING ESSENTIALS is a half-day classroom training session designed to provide a review of essential dynamic hedging concepts. Learn industry practice regarding dynamic hedging programs Calculate first, second, third order Greeks and cross Greeks Execute delta hedge This course is also in association with the CBOE. This course is a part of our 2011 Dynamic Hedging  more...

Dynamic Hedging Master Class ...e key elements of executing a dynamic hedging program to hedge equity-based guarantees and provides hands-on practice through case studies and application exercises. Learn how to implement a dynamic hedging program Review economic scenario generators and nested simulation Learn how to simulate and evaluate dynamic hedging strategies Quantify cost and risk distribution of  more...

Understanding Investing and Managing UCITS III Hedge Funds ...hedge fund and asset management industry is undergoing a major change: European politicians have been pushing for a more regulated, on shore industry. Hence offshore structures which are most common with hedge funds will be more difficult to distribute in Europe. This course within the UCITS framework examines the risks, strategies to win business and offshore vehicles. WHAT YOU WILL LEARN  more...

Due Diligence on Hedge Funds Due to the recent cases of fraud (Madoff scam et al) and other operational driven issues the hedge fund industry will look very different in 2010. Investors, service providers and other market participants interested in hedge funds will have to ask questions as to the stability of hedge funds. The trainer, Jacob H Schmidt, will cover all aspects of proper due diligence in this course.  more...

Hedge Fund Strategies ...hedge fund and proprietary trading strategies that drive the need for securities financing, combining an academic approach with real life illustrations from hedge fund managers themselves. In 2010 the hedge fund industry is already looking very different. Due to the rapid changes in the industry, all investors, service providers and other market participants interested in hedge funds will  more...

Credit Derivatives and Hedge Funds This course is aimed at prime brokerage staff, hedge funds and fund of funds, institutional investors and others wishing to gain a thorough understanding of credit derivatives as they are used by hedge funds. The course will test knowledge on a continuous basis by use of realistic scenarios for all.  more...

Bond Financing (Repo) This introductory/ intermediate course provides a comprehensive overview of the fixed income repo product. You will be introduced to the economic motivations of market players and learn the main trading structures, delivery methods, risk elements and documentation. As part of a small group, you will employ alternative trading structures in an extensive case study using SunGard's Personal Apex  more...

Global Collateral Management Intermediate-level course covering business drivers, risk, regulatory capital, legal framework, margining strategies, and optimisation of collateral against securities loans and repos as well as both OTC and exchange-traded derivatives. This course explains the rationale and current best-practice functioning of collateral management programmes for financial institutions. It is designed to build  more...

Prime Brokerage .... Day 1 examines the nature and key trading strategies of hedge funds and the allocation of margin. The requirements of a successful prime brokerage business are laid out, followed by a look at the risks generated by the business and the systems environment required. The investor's relationship to a hedge funds prime broker is also covered. Day 2 provides an in-depth explanation of the key tax  more...

Managing Hedge Fund Risk This 2-day course addressing a topic that gains importance with every passing year: how to measure and manage hedge fund risk. The much-debated issue of transparency will be illuminated, with case studies and exercises reinforcing the delegates' understanding of the main risk factors.  more...

Equity Finance and Structured Products Intensive overview of the international equity finance business covering the motivations and roles of market players, securities lending and repo, risk, prime brokerage, structured products, trading strategies, and electronic exchanges.  more...

Securities Operations Clearing & Settlement This course provides securities operations managers and their staff with a comprehensive and thorough survey of the changes to securities operations both from a regulatory angle, particularly MiFID and Basel II, and also from a survey of the way that the clearing and settlement part of operations is under going changes. Explains key processes and the roles of the different players, highlighting  more...

Valuation Techniques for Hedge Funds This two-day course teaches the skills and tools required to value companies, including quantitative methods of investment analysis, sources of risk and return, specials situations and strategic analysis. Financial modelling techniques using Excel will be explained, with ample exercises and opportunities to apply these skills in practice.  more...

Index Linked Bonds and Inflation Derivatives ...ents, their valuation and how they can be used to take or hedge inflation exposure alone or embedded in other structures. Traders, risk managers, fund managers, project finance and structured finance practitioners, accountants, auditors, consultants and anyone interested in the use and operation of index linked securities and their derivatives. More than half of the seminar is devoted to  more...

Macro Drivers of Asset Performance and TAA Strategy This course provides a framework to formulate global asset allocation and trading strategies through the business cycle. It includes discussion of the main themes forming the background to global markets a a exit strategiesa ™ from unconventional monetary policies, the sovereign debt crisis and the threat of higher inflation. The programme is designed to provide an overview of the  more...

Hedge Funds Risk Management Trade Performance Analysis ...hedge fund industry and develop a deep understanding of the quantitative principles of hedge fund modelling and analysis through applied problem solving and implementation using key techniques and methods. Computer-based workshops (Excel and VBA) are very hands-on building on the basics through to some advanced hedge fund modelling and risk management techniques. At the end of the course,  more...

Accounting for Derivatives in Practice ...ll cover the decision-making, documentation requirements, hedge effectiveness testing and accounting of a derivatives strategy during its whole life. All participants receive a copy of the "Accounting for Derivatives" book by Juan Ramirez. Who The Course is For * Financial managers * Treasurers * Derivatives accountants * Derivatives structurers and salespeople *  more...

Convertible Bonds and Securities Course Outline This course explains in detail the broad range of convertible securities and associated applications and trading strategies. Participants will undertake a series of workshops to explain the key ideas including pricing convertible bonds, the incorporation of credit risk, calculating Greeks and simulating trading strategies. Exercises and pricing models are implemented using Excel  more...

Asset Allocation and the Business Cycle Course Outline Understanding how economic fundamentals influence the returns from bonds and stocks in a changing global environment is essential in determining an optimal portfolio asset mix. This course looks at asset allocation in the context of both business cycle dynamics and structural changes in the world economy, including changing patterns of inflation/ deflation, shifts in productivity  more...

Asset Backed Securities Assessment and Management of Risk ... * Risk Managers * Portfolio Managers * Hedge Fund Managers * Structured Product Desks, Product Controllers and Researchers * Rating agencies involved with mortgage backed securities Prior Knowledge * Basic knowledge of financial markets and instruments (bonds, swaps, caps, floors, options) in terms of mechanics and elementary pricing. * Basic  more...

Using Inflation Derivatives in Today s Market ...ents, their valuation and how they can be used to take or hedge inflation exposure alone or embedded in other structures. Traders, risk managers, fund managers, project finance and structured finance practitioners, accountants, auditors, consultants and anyone interested in the use and operation of index linked securities and their derivatives. More than half of the seminar is devoted to  more...

Volatility Trading and Managing Risk Course Outline The course starts by providing an understanding of how to estimate volatility and the consequences of the various ways of describing volatile asset prices. This leads into sessions on the application of a range of standard volatility derivatives such as VIX futures and options and volatility swaps. The final part of the programme covers the treatment of volatility in the more  more...

Property Derivatives ... derivatives, product control and model validation teams, hedge fund participants aiming at trading on the nascent real-estate derivatives markets, traders, research and policy departments. Prior Knowledge: * Basic knowledge of financial markets and instruments (bonds, swaps, caps, floors, options) in terms of mechanics and elementary pricing. * Basic knowledge of fixed income (yield  more...

Commodities and Commodity Derivatives ...of holding commodity baskets to diversify a portfolio and hedge against inflation. Delegates are entitled to a 30 discount on Professor Geman's book, "Commodities and Commodity Derivatives: Modelling and Pricing for Agriculturals, Metals and Energy". Who The Course is For * Commodity traders * Hedge fund managers * Investment bankers * Energy company risk managers * Insurance  more...

Managing Exotic Risk ...de by traders and financial engineers when they model and hedge exotic structures. This workshop will explore through practical real-life examples and PC-based exercises strategies and techniques for robustly managing these risks on a day to day basis. Presented by Simon Acomb. Who The Course is For * Trading floor managers * Risk managers * Traders, managers of trading  more...