4 Dec 2023
Experience-Based Insights & Trends in Asset Management
Dr Albert Einstein had a famous quote: “In theory, theory, and practice are the same. In practice, they are not.” Since 1900, science has tried discovering insights about (institutional) investing. This course discusses learning points and trends of well-known methods such as asset liability management. The approach is based on experience to indicate where theory and practice do not correspond and that techniques are also subject to fashion.
Organised by the EAA – European Actuarial Academy GmbH.
The web session is particularly insightful for professionals with limited institutional asset management experience but whose work influences the investing policy. There are no technical requirements.
Technical RequirementsPlease check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure that you are joining the web session with a stable internet connection.
Purpose and Nature
The goal of this online web session is awareness of theory versus investment experiences. The course discusses ‘obvious’ shortcomings, like the fact that we trust models more than human experience, we rely on the figures from the past instead of the future, we think in % instead of €, we weigh loss more than profit, and we use High School math to arrive at an efficient portfolio.
Insights and experiences covered are, for example: