Yale School of Management

Harvesting Risk Premia in Alternative Asset Classes and Investment Strategies Seminar

Available dates

This course has no confirmed dates in the future. Subscribe to be notified when it is offered.

About the course

The third seminar of the series, entitled “Harvesting risk premia in alternative asset classes and investment strategies” has been designed to offer participants an in-depth discussion of alternative assets, commodity investing as well as the future of infrastructure investment. Investors are increasingly turning to alternative investments to find new ways of increasing the performance and decreasing the risk of their portfolio, in a context where the benefits of diversification within traditional equity and bond portfolios have decreased. Broadly speaking, this seminar shows how to deal with non-Gaussian returns, illiquid assets, and flawed data. It also presents qualitative and quantitative techniques to control asset-class exposures, and manages liquidity, valuation and counterparty risks for portfolio-wide decisions involving alternatives.

Participants can complete all three seminars and receive the joint Yale School of Management-EDHEC-Risk Certificate in Risk and Investment Management, or attend a single session which provides more focused study.

Day 1: Foundations and recent research advances in private equity, hedge funds, real estate and fine art

Day 2: Commodities: Investment narrative and fundamentals of commodity investing

Day 3: Infrastructure: Investment narrative, asset pricing and performance measurement

Key Learning Objectives

  • Analyse various alternative investment vehicles including real estate, private equity, hedge funds, infrastructure and commodities
  • Discuss the celebrated Yale model
  • Understand underlying infrastructure assets and learn about the existing track record of listed and unlisted infrastructure investments solutions
  • Learn about applicable pricing and risk models for infrastructure project debt and equity investments
  • Explore the major global trends in commodities trading, production, and demand
  • Understand the fundamental interconnection between spot and futures markets

Who should attend

The seminar series are intended for senior officers, investment specialists, and administrators working for buy- and sell-side institutions, and for consultants and key account representatives advising high net worth individuals and institutional investors.

Trust the experts

William Goetzmann

PROFESSOR GOETZMANN IS AN EXPERT on a diverse range of investments, including stocks, hedge funds, real estate and art. His research also includes the history of finance in China, the origins of corporations and the history of stock market bubbles. Professor Goetzmann's work has been featured in ...

More...

Frédéric Blanc Brude

Frederic Blanc-Brude, PhD, is Director of the EDHEC Infrastructure Institute and EDHEC Asia Pacific. He holds a PhD in Finance (King's College London) and degrees from London School of Economics, the Sorbonne, and Sciences Po Paris. He also represents EDHEC Business School on the Advisory Board ...

More...

Geert Rouwenhorst

GEERT ROUWENHORST SPECIALIZES IN empirical finance and asset pricing. His research interests include risk and return in international equity markets, commodity investments, and the history of financial innovation. He has held visiting positions at MIT and the IMF. His co-edited book The Origins o...

More...

Course reviews

Downloadable materials

Available dates

This course has no confirmed dates in the future. Subscribe to be notified when it is offered.